Grant Lake Corporation was
founded in 1946. It is owned and operated by Paul T. Torgerson, Ann M. Ellis,
Ted K. Stinson and a group of 52 stockholders.
The company owns nine proven
lode and placer mining properties; three in the Hope Mining District on the
Kenai Peninsula south of Anchorage Alaska and six in the Yenta Mining District
west of Talkeetna Alaska. Projects contain gold, silver, copper, rare earth
minerals, diamonds and/or semi-precious gemstones on a case-by-case basis.
The company plans to develop
and mine, lease, joint venture or sell each of the projects over the next ten