Burley Minerals Ltd (ASX:BUR)
Burley Minerals Ltd (ASX:BUR) is a West Australian iron ore and base metals explorer and developer.
The company has secured an option to acquire an effective 70% interest in the Yerecoin Project near New Norcia, Western Australia. Exploration activities have defined significant JORC-compliant magnetite resources within the Project (incorporating the Main and South zones). A number of historical studies have also been completed, establishing the potential for economic mining.
The potential for Julimar Style PGE-Cu-Ni mineralisation has also been established and requires immediate follow up work.