Resources and Energy Symposium Broken HillAdelaide Resources Limited (ASX:ADN) Managing Director, Chris Drown discusses their Investor Presentation at the Resources and Energy Symposium Broken Hill
Adelaide Resources (ASX:AND)
has been exploring since 1996. Our professional Board members bring a mixture of corporate, technical and financial expertise to the Company. We’re based in South Australia with a clear focus on gold and copper funded by ourselves, but have interests in uranium funded through joint venture. Our projects are situated in South Australia, Northern Territory with an application in Queensland, producing four significant discoveries in the last four years.
We have achieved consistent results to shareholders in recent years, with our money predominantly going into drilling. However, our aim is to turn discovery into development and retain as much equity as possible overall in the Company.
Our Moonta Project in South Australia, well located in the Olympic Copper-Gold Province has exciting intersections producing promising results. Our Rover projects near Tennant Creek have very high grade deposits, which we believe will produce excellent results. At our Eyre Peninsula project, back in focus because of the Paris silver discovery adjacent to us, we’ve discovered gold deposits in the past and large low grade gold systems now need revisiting.