Austral Resources Australia Ltd (ASX:AR1) Updated Company Presentation

By ABN Newswire
on 12/13/2021

Austral Resources Australia Ltd (ASX:AR1) is a copper cathode producer with significant exploration and development upside and owns and operates the Mt Kelly heap leach SXEW facility, 115km NW of Mt Isa, north Queensland with its Anthill mine in development.

Austral's Anthill Mine has a 5Mt JORC Reserve, containing 47,500t of contained copper. The project is scheduled to produce ~40,000t of Copper cathode over 4 years, from Q2, 2021.

The company has 1,940km2 of prime exploration tenure in the heart of the Mt Isa District in a target rich environment with 49 exploration prospects.

Currently the company is commencing a regional structural geology review, upgrading of historic geophysics and geochemical sampling as a precursor to drilling.

Exploration is to be self funded from Anthill cashflow.

*To view the presentation, please visit:
https://abnnewswire.net/lnk/ZRBNHC8U

Jane Morgan 
Investor and Media Relations Manager 
T: +61-405-555-618 
E: jm@janemorganmanagement.com.au