3D Resources (ASX:DDD)
3D Resources Limited (ASX:DDD) was established in July 2006 with a strategy to consolidate and further explore some under-explored mineral properties located within selected geologically prospective areas in Western Australia. The Directors have been involved in the consolidation and exploration of the Company's key projects for a number of years giving them an important understanding of the potential of the areas and the requirements for future exploration. The Directors of 3D Resources have ensured that a high level of ownership has been maintained in the prospects purchased by the Company to provide the Shareholders with as much leverage as possible in any potential future exploration success.
The Company was admitted to the Official List of the Australian Securities Exchange on 19 March 2007 after raising a total of $4M including $1M oversubscriptions in the initial IPO. The shares commenced trading on the Australian Stock Exchange on 21 March 2007 with a total of 21,730,100 shares quoted.
The Company controls a quality exploration portfolio that includes the Mt Angelo North VMS deposit, and associated Mt Angelo porphyry copper - molybdenum prospect, The Cosmo Newbery gold prospect occurs in one of the last remaining greenstone belts in the Eastern Goldfields to be intensively explored using modern techniques. This greenstone belt is largely held under tenure by 3D Resources with tenements covering an aggregate of 338 km2 .