Austral Resources Australia Ltd (ASX:AR1)
Austral Resources Australia Ltd (ASX:AR1) is an Australian copper focussed company that owns an operating copper oxide ore processing facility, the nearby Anthill Copper Project and highly prospective exploration tenure holdings.
Austral Resources is the holder of the following assets, located in northwest Queensland:
- The Mt Kelly heap leach and Solvent Extract & Electrowinning processing facility that produces LME Grade A copper cathode (99.99% copper metal)
- The Anthill Project, an undeveloped, fully permitted, open pittable mine with a JORC Ore reserve of 5.06Mt @0.94% Cu or 47,500 contained tonnes of copper in oxide ore. Anthill is 45km by road from Austral's processing facility
- A highly prospective 1,340km2 exploration tenure portfolio with a global Mineral Resource Estimate of 60Mt @0.70% Cu, or 423,000t of contained copper.
Robot stripping copper, and lifting cathodes from their cell in preparation for stripping.