Salisbury Resource’s assets comprise:
1) An option over Cattle Grid copper Mining Lease (ML 5599) at Mount Gunson, South Australia.
2) A joint venture with Metallica Minerals Limited (MLM) in three South Australian projects being, Toby, Merna Mora and Lake Torrens. SBY’s interest is 25% and is free carried for expenditure by MLM of up to $10,000,000 per project.
3) 100% interest in Lyndhurst Base metal project in the Northern Flinders Ranges.
4) 100% in Willouran base metal and gold project in the Northern Flinders Ranges.
5) 100% interest in three contiguous Palaeochannel Uranium leases at Murloocoppie near Coober Pedy.
6) 100% interest in eight Uranium lease applications on the Western Gawler Craton.
7) 90% interest in the Redcastle gold project near Leonora in Western Australia.
8) 100% interest in two exploration licences for gold in the Northern Territory. |
