
Minerals 260
Exploration and development of precious and base metal projects in the Julimar Mineral Province.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | N/A | Post IPO Equity | |
Total Funding | 000k |
Minerals 260 Limited, listed on the Australian Securities Exchange under the ticker ASX MI6, emerged in October 2021 following a demerger from Liontown Resources Limited. The company focuses on the exploration and development of precious and base metal projects, specifically targeting gold, platinum, palladium, nickel, and copper. With the second largest ground holding in the emerging Julimar Mineral Province, Minerals 260 is strategically positioned to capitalize on significant mineralization potential at its Moora and Koojan Projects. The company operates in a mining-friendly jurisdiction and benefits from a strong cash position of $28 million, enabling accelerated exploration activities. Minerals 260 employs a systematic, scientific approach to exploration, leveraging the expertise of a highly successful management team with a proven track record of commercial discoveries. The business model revolves around discovering and developing standalone, profitable metal projects, serving investors and stakeholders interested in the mining sector. Keywords: exploration, development, metals, Julimar, ASX, gold, platinum, palladium, nickel, copper.