Beadell Resources (BDR)

Shares / Stock Code

BDR

Stock Exchange / Sharemarket

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Beadell Resources (BDR) is a mineral exploration company primarily searching for gold with operations in Australia and Brazil. The Company operates a portfolio of five principal exploration projects with a total area of more than 7,000 square kilometres across three states in Australia and the advanced Tartaruga Project in northern Brazil. Beadell Resources listed on the Australian Stock Exchange on 26th September, 2007.

BDR’s exploration tenements include advanced drill-ready targets at the Tartaruga Project in Northern Brazil and Reedy Creek Project in Victoria, including greenfields exploration projects in the remote central eastern parts of Western Australia. Beadell’s primary focus is on assessing its prospective Tropicana East Project in Western Australia. The project is situated next to the Tropicana gold deposit, recently identified by Anglogold Ashanti Australia Ltd in partnership with Independence Group NL. BDR's Tartaruga Project spans over an area of 96 square kilometers in Brazil and provides excellent gold development potential for the Company. The Company has already completed more than 6,000 metres of diamond drilling at its Tartaruga Project.

Beadell’s strategy focuses on aggressive exploration over the next few years in order to rapidly assess the resource and development potential at its advanced projects, while systematically advancing the greenfields projects with a focus on a principal new discovery in Australia. Beadell's success and growth is underpinned by its highly proficient and professional staff having wide experience and a successful track record of exploration and opportunistic acquisitions.