ABM Resources NL (ABU)

Shares / Stock Code

ABU

Stock Exchange / Sharemarket

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ABM Resources NL (ABU) is a diversified resource exploration company with a portfolio of base metal projects in Western Australia (WA). The Australian Stock Exchange listed ABU on 21 August, 1986. The focus of ABM Resources NL's exploration is at Erayinia, located 150 kilometers south east of Kalgoorlie, it is a Volcanic Massive Sulphide (VMS) base metal project which is held as a 70:30 joint venture with Great Gold Mines NL. ABU is also the beneficial owner of the exploration licenses covering 130 sub-blocks (approximately 375 kilometers) in the Gascoyne district, approximately 100 kilometers north of Gascoyne Junction. They also have two greenfield prospective for base metals (copper) projects at Earaheedy and Harbutt Range in WA. In Mozambique they have a joint venture in with Mimosa Gold. In Zambia they have a a due diligence program is well advanced on both drill ready and greenfield prospective IOCG (Iron Oxide Copper Gold) projects.