Burley Minerals Ltd (ASX:BUR)
Bryan Dixon
Chairman
Market Cap (AUD): 9.61M
Sector: Materials
Last Trade (AUD):
0.28 +0 (+0%)
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1. About
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.