Demetallica Limited (ASX:DRM)

Andrew Woskett
MD
Market Cap (AUD): 20.41M
Sector: Materials
Last Trade (AUD): 0.23 +0 (+0%)
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1. About

Demetallica Limited (ASX:DRM) is a resource exploration and development company.

The Company benefits from the past decade of intensive minerals exploration and resource definition work carried out by Minotaur. Demetallica will continue on that pathway, focussed primarily on copper-gold exploration within Australia. Presently, its main assets are exploration prospects in far north Queensland (Cloncurry region) and in the far north of South Australia:

(a) the Chimera Polymetal Project

(b) the Cannington Project

(c) the Pyramid Gold Project

(d) the Windsor VMS Project

(e) the Peake and Denison Project

(f) the Lake Purdilla Gypsum Project

Complementary assets comprise VMS base metals prospects and gold mineralised ground in Queensland plus a high-quality gypsum deposit in South Australia. With a range of projects spanning from early/concept stage opportunities to advanced exploration to resource expansion status, Demetallica has a spectrum of opportunity for success and growth in shareholder value.

The Company will apply geoscientific methods to systematically advance the Company's projects. The Company will focus on the exploration and development of its projects of copper, gold, lead, silver, zinc and other metals and minerals. 

The Company's aim is to build Shareholder value by acquiring, exploring and exploiting its mineral resource prospects.

Dematallica Limited was demerged from Minotaur Exploration Limited (ASX:MEP) in January 2022.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk