Syndicated Metals (SMD)

Shares / Stock Code

SMD

Stock Exchange / Sharemarket

ax

Syndicated Metals (SMD) is a base metal company focused with its principal projects located in the Mount Isa region in Northwest Queensland, one of the world’s premier base metal mining provinces. Their vision is to deliver superior returns to shareholders through the discovery and development of mineral deposits. SMD listed on the Australian stock market (ASX) in December 2007.

An experienced Board of Directors with a broad range of resources industry experience over a number of key areas has been brought together to direct the operations of the Company. Syndicated’s cornerstone investor is Korea Zinc Company Limited, one of the world’s largest zinc producers, which holds, through its Australian subsidiaries a 14.9% interest in the Company.

It has multi-commodity exposure to copper, molybdenum, gold, rhenium, uranium, phosphate, lead-zinc and silver. It also has an interest in the Kalman South Joint Venture near Mount Isa, which hosts a large part of the Kalman molybdenum-copper-gold-rhenium deposit. The Company has a ground position in the Mount Isa Inlier prospective for copper-gold, lead-zinc and uranium deposits.

It also has an early-stage project near Exmouth in Western Australia with potential for phosphate, lead-zinc-silver and uranium. Syndicated Metals Limited’s 100% owned Mount Remarkable tenements are located northeast of Mount Isa and contain copper, gold, zinc and lead exploration targets.

Mount Isa Region Project

The Mount Isa Inlier is Australia's premier base metal province and is host to several major mineral deposits including the Mount Isa copper and zinc-lead-silver deposits, the George Fisher-Hilton zinc-lead-silver deposits, the Century zinc-lead-silver deposit, the Cannington lead-zinc-silver deposit and the Ernest Henry copper-gold deposit.

Syndicated holds a highly prospective package of tenements in the Mary Kathleen Fold Belt, located in the central part of the Mount Isa Inlier. The Mary Kathleen Fold Belt contains a variety of significant mineral deposits including the Dugald River lead-zinc deposit, the Mount Roseby copper deposits, the Mary Kathleen uranium mine, the Tick Hill gold mine and the Duchess and Trekelano copper-gold deposits.

Syndicated's tenements cover an area of around 1500 square kilometres and form two principal project areas - the Mount Remarkable Project located about 60 kilometres to the northeast of Mount Isa and the Kalman South Joint Venture located about 60 kilometres southeast of Mount Isa. In addition, the Company holds tenement applications covering a further 670 square kilometres covering sequences within the adjacent Georgina Basin that it believes have potential for phosphate.