TORRENS PROJECT |
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TORRENS PROJECT |
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Country |
Australia
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Close to |
Olympic dam |
Status |
GREEN EXPLORATION
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Legends
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Risk and valuation analysis of the TORRENS PROJECT |
Status Risk : Green exploration |
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Title(s) of the TORRENS PROJECT |
| Argonaut Resources NL Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Straits exercised an option to enter a contractual joint venture with
Argonaut, governed by the terms of the Torrens Option and Joint Venture
Agreement. The joint venture has entered the farm-in period whereby Straits must
spend $7million over a maximum of 5 years to earn a 70% interest in the project |
| Straits Resources Ltd Option on interest: 70% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Torrens Energy Limited |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the TORRENS PROJECT |
The Torrens Project is located near the eastern margin of South Australia’s Gawler Craton region (Stuart Shelf), within 50 kilometres of Tech Cominco’s Carapateena
copper-gold discovery and 75 kilometres from BHP’s Olympic Dam mine.
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History of the TORRENS PROJECT |
A number of highly prospective magnetic and gravity anomalies previously identified by Western Mining Corporation Limited during the 1980's are being targeted.
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Discoveries and Drilling Results | |
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Data last updated on : 12/10/2007
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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