Welcome to Pilbara Minerals Limited
Pilbara Minerals Limited is a minerals exploration company with a prime focus on gold and copper exploration in Papua New Guinea (PNG) through its recent (June 2013) acquisition of Sturt Resources Ltd .
The West Australian assets that formed the basis of Pilbara's original listing in June 2010 have now been farmed out to Fox Resources Ltd, (ASX:FXR) who currently own a 40% interest. After the expenditure of circa $2,000,000, Fox will earn 80% of the project.
The company's main focus now will be on PNG assets of Sturt Resources as well as sourcing other new projects with particular emphasis on early cash flow generation.
October 2013: Tabba Tabba – Tantalum Project – Heads of Agreement Signed
For details on this exciting new potential project, which if finalised will bring cash flows to Pilbara as early as Q2/Q3 2014. Click here to download the detailed announcement