Albion Resources Ltd
Albion Resources Limited is an Australia-based company, which is advancing exploration at its high-grade base metal and gold projects in Western Australia.
The business
Albion Resources Limited is an Australia-based company, which is advancing exploration at its high-grade base metal and gold projects in Western Australia. The Company's projects include the Leinster Project and Lennard Shelf Project. The Leinster Project, located over 30 kilometers (km) southeast of Leinster, covers an area of over 42 square kilometers (km2) and is prospective for nickel-copper being located adjacent to BHP's Nickel West Weebo Ni deposit. The Lennard Shelf Project comprises over five granted exploration licences (E 04/2499, 04/2637, 04/2672, 04/2504 and 80/5352) and one exploration licence application (E 04/2662), which collectively covers a total area of over 393km2 in the Lennard Shelf, Kimberly Region, WA. The project is subdivided into four subprojects, namely: Pillara East, Prices Hill, and Sadler Ridge. The Company has newly acquired Yandal West Project. The Yandal West Gold Project has over three contiguous tenements covering a total area of over 61km2.
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Latest news
Great Western Exploration divests non-core Yandal West gold project to Albion Resources
Great Western Exploration (ASX: GTE) has entered into a binding agreement to divest its non-core Yandal West gold project in Western Australia to Albion Resources (ASX: ALB). The all-scrip deal will see Great Western retain exposure to future exploration success at the project through a significant shareholding in Albion. Completion of the transaction is expected […]
Albion Resources firms up nickel-copper drill targets at Leinster
Albion Resources (ASX: ALB) has firmed up several nickel-copper drill targets at its Leinster project following an UltraFine+ soil geochemistry program. Australia’s CSIRO developed the UltraFine+ technology which enables soil particles less than 2 microns in size to be analysed. Albion carried out the soil geochemistry program over prospective ultramafic rocks within its recently granted […]
Albion Resources to go ahead with loyalty option plan as reward to initial shareholders
Albion Resources (ASX: ALB) is currently drafting a loyalty options prospectus to reward shareholders who backed its initial public offering earlier this year. The zinc and lead exploration company made its ASX debut on 30 April after raising $5 million, but its prospectus left open the decision whether loyalty options would proceed. The company’s first […]
Albion Resources inks heritage protection agreement for Lennard Shelf zinc-lead project
Albion Resources (ASX: ALB) says it has formed a “strong” alliance with local Aboriginal representatives after signing key agreements that take its Lennard Shelf zinc-lead project another step forward. Albion’s zinc-lead project is located about 30km southeast of Fitzroy Crossing in the southern Kimberley district of Western Australia. At what it terms a “successful” meeting […]
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