Anglo Australian Resources NL (ASX:AAR) (PINK:AAURF) has been listed on the ASX as a junior explorer since 1986 focusing on gold and base metals. The company has now in place a strategy to move the company from a junior exploration company to a mid tier miner.
In the last three years we have advanced Mandilla from an exploration project to a producing gold mine. This mine, while lasting only nine months, is providing the company with cash flow to fund exploration and development work on the company’s key base metal project Koongie Park.
If the current high demand for base metals is maintained, development of this project has the potential to provide substantial revenue for the company. In addition Anglo Australian Resources NL is actively exploring its strong portfolio of tenements prospective for gold and base metal.