FEBRUARY INVESTOR SERIESLithium … Zinc … GoldThese are widely tipped to be the three hot metals of 2017. So Resources Rising Stars is starting our 2017 Investor Luncheon Series with a high-growth stock from each of these sectors.
Friday, 17th February 2017WHERE: Frasers Kings Park, Fraser Ave, West PerthTIME: 12.15pm - 2.30pm(first presentation starts at 12.30pm)
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Lithium: Kidman Resources (ASX: KDR) was one of the stand-out success stories of 2016 thanks to its discovery of the world-class Earl Grey lithium deposit in WA. Earl Grey has already been established as one of the largest hard-rock lithium deposits in the world. Studies are now underway to fast-track production and revenue, while minimising costs, using the nearby Lake Johnston processing plant.
Zinc: The recent closure and mothballing of some of the world’s biggest zinc operations has sent the zinc price on a tear … and analysts say it is just getting started. Investors hungry for a slice of the action will soon have another zinc stock available to them in the form of Todd River Resources (allocated ASX Code: TRT). As a spin-out from TNG Ltd, Todd River boasts a portfolio of highly promising zinc assets in the Northern Territory. With drilling programs already planned, Todd River offers investors exposure to both the zinc price and an extensive exploration program over coming months.
Gold: Kin Mining (ASX: KIN) is set to complete the Definitive Feasibility Study on its Leonora Gold Project in WA by the middle of this year. The recently-completed updated Pre-feasibility Study found that Kin stands to be a high-margin ~50,000 ounce-a-year producer for a capital outlay of just $35m. All-in sustaining costs are forecast to be A$1084/oz and first gold is scheduled for the middle of next year.
Todd River ResourcesAllocated ASX ticker: TRT Presenter – Paul Burton, Technical Director
Following a string of recent mine closures, zinc was the top performing commodity of 2016 and looks set to continue its impressive run, already up by a further 8% since the start of the New Year.
With very few opportunities currently available on the ASX, investors will soon have a new opportunity to capitalise on zinc's exciting growth outlook, with the upcoming Initial Public Offering (IPO) of Todd River Resources (allocated ASX Ticker: TRT).
A former subsidiary of ASX-listed vanadium developer TNG Ltd (ASX: TNG), Todd River Resources has emerged holding the largest base metal exploration portfolio in the Northern Territory, with a project portfolio ranging from advanced near-term development assets through to grass-roots exploration.
The Company is planning to launch a $5-7M IPO in February to underpin an aggressive exploration campaign across 2017 aimed at establishing the Company as a leading force in Australian zinc exploration and development. A Prospectus for the IPO is expected to be lodged shortly.
Todd River Resources’ asset portfolio includes:
Manbarrum: 22.5Mt JORC 2012 Mineral Resource at Sandy Creek and historic 20Mt JORC 2004 Resource at Djibitgun
Mount Hardy: Thick zones of high-grade zinc intersected in multiple EM and IP geophysical targets
McArthur River: 25km zinc-lead-silver-copper anomalous zone, with surface grades up to 48% copper
Stokes Yard: Up to 22.5% Zn from surface rock sampling in the Warumpi Province west of Alice Springs
Plus a further nine projects prospective for copper, gold, zinc, lithium, tantalum and tin
For a brief overview of Todd River Resources, click here to view the Pre-IPO Advice Flyer.
