Sydney Investor Lunch
Breaker Resources + Strandline Resources + Todd River Resources
- Get the latest on Breaker Resources’ (ASX: BRB) development plans for the Bombora Gold Deposit in WA, where the company has recently delivered an updated 1.1Moz Mineral Resource.
- Hear from Strandline Resources (ASX: STA), which is set to tap-in to the emerging zircon boom through its globally-significant mineral sands portfolio in Australia and Tanzania.
- And get an update on Todd River Resources’ (ASX: TRT) rapidly emerging high-grade base metal discovery at the Mt Hardy Project in the Northern Territory.
Registration is free for all genuine investors and includes a two-course lunch, beer, wine and soft drinks.
However places are limited so registrations are essential - use the registration form on the right to secure your seat.
WED 19TH SEPTMBER - Sheraton on the Park, 161 Elizabeth Street, Sydney
Time: 12:00 - 2.30pm
ASX: BRB / Shares on Issue: 146.2 million / Market Cap: $46.8 million
Presenter: Tom Sanders, Executive Chairman
Breaker Resources has just unveiled a landmark 1.1 million ounce Mineral Resource update for its Bombora Gold Deposit in WA, delivering a 74% increase in contained gold over the previous estimate delivered in April. A Pre-Feasibility Study is now underway to assess the viability of a standalone open pit mining operation at Bombora, with longer-term plans to also assess the underground mining potential. Breaker also sees outstanding scope for further Resource growth, with 3-4 drill rigs on site to extend and upgrade the Resource, which remains open in all directions, and target further shallow gold outside the main discovery zone.
ASX: STA / Shares on Issue: 293.4 million / Market Cap: $47.0 million
Presenter: Luke Graham, Managing Director
Strandline Resources is poised to capitalise on outstanding long term fundamentals in the global mineral sands market, having just received the highly-anticipated Mining Licence for its Fungoni Heavy Mineral Sands Project in Tanzania. A Definitive Feasibility Study for Fungoni indicated strong financial returns, with a low capital cost of just US$30 million and close proximity to established port infrastructure. The quality of Fungoni’s products is highlighted by the fact that more than 90 per cent of its forecast sales are already covered by binding sales contracts. In Australia, Strandline owns the Coburn mineral sands project near Shark Bay in WA, which represents one of the most advanced large-scale zircon‐rich mineral sands projects world‐wide. An updated Feasibility Study for Coburn is currently underway to deliver an execution plan for the project development.
TODD RIVER RESOURCES
ASX: TRT / Shares on Issue: 77.0 Million / Market Cap: $7.3 million
Presenter: Will Dix, Chief Executive Officer
Todd River Resources has just unveiled a major new base metals discovery at its Mount Hardy Project in the Northern Territory, with recent drilling confirming continuous high-grade base metal mineralisation over more than 300 metres, with exceptionally high grades and tenor of mineralisation persisting to significant depths. Importantly, the mineralisation remains open, both up- and down-dip, providing immediate targets for an intensive phase of follow-up drilling scheduled to kick off mid-September. In addition to Mount Hardy, Todd River holds arguably the largest exploration portfolio in the Northern Territory with drilling also underway at the McArthur copper-zinc project to test three outstanding SkyTEM conductors.
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