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A joint venture with Metallica Minerals Limited (MLM) in three South Australian projects being, Toby, Merna Mora and Lake Torrens.
Merna Mora - IOCGU - South Australia
   
 
  • Salisbury has assembled a portfolio of tenements in highly prospective terrains in South Australia, Western Australia and the Northern Territory in the search for mineable copper, gold and uranium deposits (see Projects Map).
  • This has resulted from the collaborative efforts of a talented team of mature geoscientists, who between them have in excess of 200 years experience in the mineral industry. Salisbury is a well-managed, mineral exploration and mine development company. A profile of each of the Directors of Salisbury is included in this website.
  • Salisbury has recently negotiated an option agreement over the Cattle Grid copper, silver and cobalt deposit in Mining Lease (ML 5599) at Mount Gunson in South Australia 400 km NNW of Adelaide. This is a fully gazetted mining lease with existing electrical, transport and water infrastructure that could be brought into production without having to go through detailed regulatory and environmental issues.
  • Metallica Minerals has taken a placement of 2 million shares in SBY and plans to drill the Merna Mora gravity anomaly in late 2010.
  • At Redcastle 60 kms east of Leonora in Western Australia the company has completed preliminary auger geochemical calcrete sampling and has outlined a significant gold anomaly extending over an area 1000m x 500m and open to the east.
   
 
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