Orpheus Uranium NL
Orpheus Uranium NL, formerly Argonaut Resources NL, is a mineral exploration and development company with operations in Australia and Zambia.
The business
Orpheus Uranium NL, formerly Argonaut Resources NL, is a mineral exploration and development company with operations in Australia and Zambia. The Company is focused on uranium, copper and lithium, and to a lesser extent gold. In addition, it holds a 100% interest in a zinc-copper resource in Queensland, Australia. Its projects include Torrens, Murdie, Kroombit, Aroona, Higginsville, Lumwana West and others. The Torrens project is situated 75 kilometers (km) from BHP Group’s Olympic Dam mine, within 50 km of OZ Mineral’s Carrapateena mine and only 40 km from BHP's recent Oak Dam West copper discovery. The Murdie Project comprises two highly prospective exploration licenses, EL5937 and EL5945. It holds a 100% interest in the Kroombit deposit in Central Queensland. It holds a 100% interest in the Aroona Project (EL 6199) is located in the Southern Willouran Ranges in South Australia. The Lumwana West project is located in the Central African Copperbelt, North-Western Province, Zambia.
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Latest news
Argonaut Resources receives operational approval to drill Murdie near BHP’s Oak Dam copper discovery
Argonaut Resources (ASX: ARE) has received the green light to kick-off exploration at its Murdie project, near BHP Group’s (ASX: BHP) massive Oak Dam copper discovery in South Australia. The South Australian Government has now granted Argonaut operational approval to undertake ground gravity surveys and deep exploration drilling across the project, which is prospective for […]
Copper price heads up on easing trade tensions and eroding inventories
As a trade resolution between China and the US finally becomes a possibility, eroding copper stockpiles have begun to bump the metal’s price back up. Earlier this week, US President Donald Trump announced the March deadline for his tariff threat on billions of dollars-worth of Chinese imports had been postponed after having what he described […]
BHP pulls ahead of rival Rio Tinto with a major copper find near Olympic Dam
The copper race is on between long-time rivals BHP (ASX: BHP) and Rio Tinto (ASX: RIO), with BHP announcing it had pulled out of the ground what some experts call the thickest high-grade copper intersection seen in many years near its Olympic Dam mine in South Australia. The mining giant reported a whopping mineralised intersection of 425.7m comprising […]
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