Investigator Resources Limited (ASX Code: IVR) combines original geological concepts, the latest research and its deep exploration experience to make high-value greenfields discoveries for shareholders.
The Company is focused on the southern Gawler Craton of South Australia. The region offers revitalised discovery opportunities in a data rich and supportive jurisdiction. This has been demonstrated by Investigator’s discoveries of two entirely new deposit styles (epithermal silver and porphyry copper-gold) in only the past five years. This makes Investigator the leading player in one of the country’s most exciting emerging metals provinces.
The Company is listed on the Australian Securities Exchange and has more than 3,500 shareholders. Investigator’s cornerstone investor, CITIC Australia Pty Ltd has been a significant shareholder since the Company’s inception nine-years ago.
Investigator first listed in April 2007 as Southern Uranium Limited, then in 2010 changed its name to Investigator Resources Limited to reflect the Company’s new exploration focus in South Australia and diversification towards precious and base metals.
The Board and Senior Management include accomplished professionals with strong track records in the areas of exploration, mining, finance and law. In early 2016, the Company moved its corporate office and merged it with the operational office in Adelaide, South Australia, close to the projects. The Company has a total staff of 10, including four geologists, supplemented by consultants and contractors.
In April 2017, the Company announced a significant upgrade of the Mineral Resource estimation for its wholly owned Paris Silver Project, discovered in 2011, to 9.3Mt at 139g/t silver and 0.6% lead for 42Moz contained silver and 55kt contained lead (at a 50g/t silver cut-off ). The indicated component is 4.3Mt @ 163g/t silver and 0.6% lead for 23Moz contained silver and 26kt contained lead.
In September 2016, the Company’s first drill hole at Nankivel in the centre of the Paris silver field intersected 600m of weakly, but significant copper mineralised porphyry. Further drilling in the first Quarter of 2017 has established beyond any doubt the presence of a large, very prospective copper-mineralised porphyry. It is one of the oldest geologically in the world and an entirely new deposit style in South Australia, with potential for world-class copper discoveries.
Investigator’s key projects are:
Paris Silver Project - 42Moz Indicated and Inferred Mineral Resource.
Exploration in the newly discovered Nankivel copper-gold porphyry system.
Exploration in the wider Uno Province with potential for other epithermal silver fields and nickel potential in intrusives and possible Archaean basement e.g. Diomedes near Paris.
Maslins IOCG copper-gold target, 50km south of Carrapateena on the Stuart Shelf.
ABN: 90 115 338 979
ASX Code: IVR
Current as of: 31 March 2017
Shares Issued: 585,426,577
Unlisted Options: 11,770,000
Substantial Shareholders: CITIC Australia (11.46%) and Old Mutual (5.53%);
Top 20 shareholders as % of total issued shares: 33.87%
Market Capitalisation: Approximately A$21.08million at A$0.036 per share