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BARRA RESOURCES LIMITED - ASX: BAR
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Description
Welcome to Barra Resources Limited, an exploration and mining company with a focus on targeting and developing high grade gold and base metal deposits in Western Australia.
The 50% owned Mt Thirsty Cobalt-Nickel- Manganese Project located 20 kilometres north-northwest of Norseman continues to be the prime focus for the Company this year. The Mt Thirsty Project has the potential to emerge as the world’s fourth largest cobalt supplier with capacity to deliver 3,700 tonnes of cobalt, 10,300 tonnes of nickel and 27,000 tonnes of manganese per annum during the first 3 years of production.
Barra recommenced mining operations in June 2009 at the 100% owned Burbanks Gold Mine under a new tribute mining and profit-sharing agreement with Kalgoorlie based Mulgabbie with the view of capitalising on the current strong gold price.
The Company has also recommenced exploration activity at its 100% owned Phillips Find tenements and selected associated tenements. This will form an important part of the Company’s focus for next year.
Mine For
gold, cobalt, nickel, manganese,
Location of operation(s)
Western Australia
Address
Level 3 , 33 Richardson Street
WEST PERTH, WA, AUSTRALIA
Phone
08 9481 3911
Website
http://www.barraresources.com.au/
Last Updated
29/04/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.