Regal Resources (RER)

Shares / Stock Code

RER

Stock Exchange / Sharemarket

Australian Securities Exchange

Regal Resources (RER) is an exploration company primarily searching for gold and nickel. Key projects in the company's tenement portfolio are situated in Western Australia, including the Eucalyptus Gold Project and the Mt. Goose nickel project. Regal Resources was incorporated on 11 September 2003 and has since built up a portfolio of projects in Western Australia. The company was listed on the Australian stock market (ASX) in June 2005.

RER's focus is in the Laverton area where there are several producing gold mines. All of Regal Resource's tenements are located within 100km trucking distance of milling facilities and infrastructure. The company's most advanced project is the Eucalyptus project where the company holds a 100% interest in gold deposits at the Zelica open pit.

Major competitors consist of other mining companies in Australia and overseas exploring for gold, precious and base metals. These range from massive international companies to small explorers with one or two projects. Prospective gold customers include governments, banks and international gold brokers whilst for precious and base metals would involve arrangements with utilities, large industrial users and steel plants.

The Company’s projects include Menzies, Eucalyptus, Yerilla, Mt Korong, Mt Zephyr, Mt Goose and Malcolm. Regal has a 100% interest in six granted mining leases at Menzies, which is located 130 kilometers north of Kalgoorlie. Eucalyptus project comprises nine granted mining leases and 18 granted prospecting licences in the Eucalyptus Mining Center, located 132 kilometers northeast of Menzies and 90 kilometerseast of Leonora. Yerilla project is located 100 kilometers southeast of Leonora, which has one granted mining lease and 16 granted prospecting licences.

Regal Resources (RER) Products and Services

  • Exploration company primarily searching for gold and nickel.

Regal Resources (RER) Locations and Subsidiaries

Regal Resources Head Office
Level 14, 31 Queen Street, MELBOURNE,
VIC, AUSTRALIA, 3000
Phone: 03 8610 8633
Fax: 03 8610 8666

Regal Resources (RER) Share Price

Submitted by ASX Listed Company on 27 May, 2010 - 13:30

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