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ACH Minerals

ACH Minerals


ACH Minerals' financial review

Employees

2


ACH Minerals information

ACH Minerals has been established for the purpose of an exploration farm-in and possible subsequent Joint Venture Agreement with ASX listed Silver Lake Resources Ltd on the Great Southern Project. The project is located between Ravensthorpe and Hopetoun in the south of Western Australia, approximately 525km by road from Perth. Key highlights of the investment opportunity for ACH Minerals are:A min...
ACH Minerals has been established for the purpose of an exploration farm-in and possible subsequent Joint Venture Agreement with ASX listed Silver Lake Resources Ltd on the Great Southern Project. The project is located between Ravensthorpe and Hopetoun in the south of Western Australia, approximately 525km by road from Perth. Key highlights of the investment opportunity for ACH Minerals are:A mineral inventory at two deposits, Kundip and Trilogy, as follows: • 1Moz of gold and 10Moz of silver; • 200Mlbs of copper; and • 440Mlbs of combined lead/zinc;Sound economic indicators including access to infrastructure, workforce and suppliers;Near term production ability with JORC (2004) Mineral Resources and Ore Reserves reported by a previous owner (prior to Silver Lake ownership);Multiple exploration targets, particularly at depth on the existing deposits, showing favourable widths/grades indicating potentially low discovery costs.The transaction with Silver Lake is now unconditional and settlement has occurred. ACH Minerals is the manager and operator of the Project during the Farm-In period. Please refer to Silver Lake's ASX announcement for more detail on the deal terms and conditions.

ACH Minerals industries

Mining & metals

ACH Minerals' financial review

Employees

2

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