Exore Resources Limited

Website: www.exoreresources.com.au
Primary ticker: ASX:ERX
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Cote d’Ivoire Gold Projects

Live financials

Exore Resources is listed on the ASX (ASX:ERX) with a market capitalisation of approx $45 million. Exore is well funded to continue drilling and exploration success in a jurisdiction open for exploration, permitting and mine development.
Significant progress achieved <12 months of exploration towards the objective of defining multi-million ounce gold project with approx 75,000m drilled across 2-3 prospects. Exore's Cote d’Ivoire Gold Projects cover a combined area of 1,948km2 comprising three granted exploration permits covering 1,027km2 and three exploration applications totalling 921km2. The majority of the project area is positioned on the convergence of two of West Africa’s most prolific gold belts, the Tongon Gold Belt and the Syama Gold Belt, which extend into northern Cote d’Ivoire from Burkina Faso and Mali respectively.

View Research Report by Blue Ocean Equities on 16 Sep 2019 View Research Report by Euroz on 17 Sep 2019


Management Profile

Justin Tremain, Managing Director

Mr Tremain has extensive experience across the mineral resources sector. Most recently, he founded Renaissance Minerals Limited (ASX:RNS) and listed it on the Australian Securities Exchange in June 2010 and served as Managing Director until its takeover by Emerald Resources NL in November 2016. During that time, Mr Tremain oversaw Renaissance’s growth as first mover into the frontier jurisdiction of Cambodia and successfully defined a highly economic +1 million ounce JORC gold resource and completion of a feasibility Study. Prior to founding Renaissance, he had over 10 years’ investment banking experience in the natural resources sector and has held positions with Investec, NM Rothschild & Sons and Macquarie Bank.

What is your rationale for attending 121 Mining Investment?

On market support

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

3 Months:
Ongoing exploration success

6 Months:
Maiden JORC resource

12 Months:
Resource growth