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SOUTH AMERICAN IRON & STEEL CORPORATION LIMITED

ASX: SAY

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

South American Iron & Steel Corporation Limited holds significant iron sands concessions in Chile. Some of which are exploitation concessions and others are in the process of being converted from exploration to exploitation concessions.

The Company also owns 15% equity of Ample Success Investments Limited ("Ample Success"); a company incorporated in Hong Kong. Ample Success owns 75% of Weishan Feiste Mining Co. Ltd. which holds a concession located in Yunnan Province of China. The Yunnan concession area is 48.15kmē and hosts gold, copper, lead-zinc and antimony mineralisation. The Company also has an option to purchase a further 39% of Ample Success equity.

Mine For

iron ore

Location of operation(s)

Chile

Address

Suite 2, Level 10, 8 - 10 Loftus St
SYDNEY, NSW, AUSTRALIA

Phone

+61 2 9259 4300

Email

Website


Last Updated

18/2/2015

 

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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