Company Profile
Syndicated Metals Limited ("Syndicated", "the Company") listed on the Australian Securities Exchange (ASX) in December 2007 with the ASX Code "SMD".
The Company is base metal focused with its principal projects located in the Mount Isa region in Northwest Queensland, one of the world’s premier base metal mining provinces.
Our vision is to deliver superior returns to shareholders through the discovery and development of mineral deposits.
Syndicated has:
- a large ground position in the Mount Isa Inlier with a primarily copper focus plus multi-commodity exposure to molybdenum, gold, rhenium, uranium, lead-zinc and silver;
- interests in two exciting new mineral discoveries in the Mount Isa mining province where the Company has already built a substantial base metals inventory, namely the Barbara copper deposit and the Kalman South molybdenum-rhenium-copper-gold deposit;
- copper resource base expected to significantly expand with drill testing of additional advanced copper targets in proximity to Barbara;
- a 49% free carried interest to completion of final feasibility study in the Kalman South Joint Venture;
- a clear strategy to achieve near-term copper production;
- an early stage project near Exmouth in Western Australia with potential for lead-zinc-silver and uranium as well as phosphate;
- $4.8 million in cash at December 31st 2009
An experienced Board of Directors with a broad range of resources industry experience over a number of key areas has been brought together to direct the operations of the Company.
Syndicated’s cornerstone investor is Korea Zinc Company Limited, one of the world’s largest zinc producers, which holds, through its Australian subsidiaries a 14.9% interest in the Company.
