Argonaut Resources

Primary ticker: ASX:ARE
Stage of development: Exploration, Development
Primary minerals: Copper, Cobalt, Gold
Project to promote: Torrens Copper, Lumwana West Copper-Cobalt

Live financials

Argonaut Resources NL is an Australian Securities Exchange listed exploration and development company focused on the Torrens copper anomaly in joint venture with Aeris Resources Ltd in South Australia and the Nyungu copper-cobalt project at Lumwana West in north-western Zambia.

Management Profile

Lindsay Owler – Director and CEO

A geologist and geophysicist by training, Lindsay has 24 years’ experience in exploration, development and public company administration.



What is your rationale for attending 121 Mining Investment?

Argonaut seeks to raise its profile in Cape Town and make the investment community aware of its Torrens and Lumwana West projects and their potential to deliver capital gains to shareholders.
The company aims to meet family offices, resource funds, retail brokers and analysts that are involved in investing $500,000 to $10,000,000 in copper exploration and development in Australia and Central Africa.

What recent news would you like to highlight to investors attending?

Commencement of a major deep drilling program at the Torrens project around the end of November 2018.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Commence major drilling program at Torrens.

6 Months:

Deliver Torrens drilling results to the market.

Complete Lumwana West processing flow-sheet.

12 Months:

Commence advanced exploration/resource definition at Torrens.

Complete scoping study at Lumwana West.

In a sentence, what do you think makes your company such a compelling investment?

The last time drilling got underway at Torrens in late 2007, Argonaut ran from a market capitalisation of approx. A$25m to >A$100. Torrens has excellent technical credentials and those who invest in copper exploration find the investment compelling due to the potential for an unambiguously commercial discovery.