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GOLDSEARCH LIMITED

ASX: GSE

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Goldsearch Limited is an Australian public company listed on the Australian Stock Exchange Limited (ASX Code GSE). Goldsearch is a mineral exploration company focussed on the identification, discovery and development of mineral assets for the benefit of shareholders and local communities. The ultimate aim of Goldsearch’s investment in exploration is to develop a profitable mining operation. Goldsearch is always focussed on operating according to best practices in respect to environmental and community responsibilities.

Goldsearch is currently undertaking exploration for high-grade gold, base metals and uranium deposits in eastern Australia and for nickel in central Australia through joint venture at its Musgrave Project. Goldsearch-managed projects are currently focussing on under-explored portions of well endowed mineral belts in Victoria and Sweden.

Over recent years Goldsearch has built a portfolio of quality mineral exploration projects and is continuously prioritising where it invests its exploration expenditure.

Goldsearch along with its various joint venture partners is currently exploring for high-grade gold, base metals and uranium deposits in both eastern Australia and southern Sweden. These projects are currently focusing on under-explored portions of well endowed mineral belts in Victoria, South Australia, Queensland and the Bergslagen province in Sweden.

In Victoria the main focus for Goldsearch is in the Mt Wellington region where Goldsearch has a 100% interest and is exploring for high grade epithermal gold and silver deposits and large tonnage magmatic intrusion-related gold and copper systems.

In South Australia joint venture partner Independence Group NL (Goldsearch 49%) is undertaking exploration programs searching for large tonnage magmatic nickel, copper deposits.

In Queensland the main focus is on the gold, copper and uranium potential of the Mary Kathleen project where joint venture partner China Yunnan Copper Australia (Goldsearch diluting to 30%) is managing exploration. The Mary Kathleen project is located in the Mt Isa / Cloncurry region.

In Sweden Goldsearch (earning 70%) is in joint venture with Toronto, Frankfurt and OTC-listed Tumi Resources Ltd. The Joint venture is exploring for high grade lead, zinc and silver in the highly prospective and under explored Bergslagen District.

Mine For

gold, uranium, nickel, silver, copper, uranium, lead, zinc

Location of operation(s)

Sweden, Victoria, South Australia, Queensland

Address

Level 4 , 20 Loftus Street
SYDNEY, NSW, AUSTRALIA

Phone

(02) 9241 5999

Email

Website


Last Updated

6/4/2011

 

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.

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