Austral Resources Australia Ltd
Austral Resources Australia Ltd is an Australia-based copper cathode producer, developer and explorer located in the Mt Isa District of northwest Queensland.
The business
Austral Resources Australia Ltd is an Australia-based copper cathode producer, developer and explorer located in the Mt Isa District of northwest Queensland. The Company’s projects include Anthill Project, Lady Annie Project, Cameron River Project, and Miranda Project. The Anthill Project area lies within the Lady Annie Project, and it is located 45 kilometers (km) from the Mt Kelly processing facility. The Lady Annie Project tenements are in the Western Fold Belt of the Mount Isa Inlier. The Cameron River Project tenements lie within the Eastern Fold Belt of the Mount Isa Inlier with the northern most tenement close to the boundary with the Central Kalkadoon-Leichardt Belt. The tenements are prospective for copper, gold and rare earths. The Miranda Project tenements lie predominantly within the Central Kalkadoon-Leichardt Belt of the Mount Isa Inlier. The Company has entered into an agreement to acquire the Rocklands Copper Mine located in North-West Queensland.
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Latest news
Austral Resources Australia Hits High-Grade Copper-Gold at Cameron River
Austral Resources hits 15m at 4.59% copper and 1.16g/t gold at Cameron River, with 25 of 32 holes returning significant copper.
Austral Resources Expands Copper Footprint at McLeod Hill Deposit
Austral Resources expands McLeod Hill’s copper footprint beyond 1km, with 12 of 20 drill holes hitting significant mineralisation.
Austral Resources Advancing Copper Production and Consolidation Strategy in Queensland
Austral Resources advances copper production in Queensland, completes Anthill transition, and secures Lady Loretta, fueling regional consolidation.
Austral Resources to Proceed with Proposed Hammer Metals Takeover after Larvotto Withdrawal
Austral Resources moves to acquire Hammer Metals for $80.7m after Larvotto withdraws; Hammer valued at 0.087/sh, 31.1% stake in enlarged group.
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