Argonaut Resources

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

Live financials

Argonaut Resources NL is an Australian Securities Exchange listed exploration and development company focused on the Nyungu copper-cobalt project at Lumwana West in north-western Zambia, the Murdie copper project and the Torrens Project in South Australia.

Management Profile

Lindsay Owler,  Director & CEO

Lindsay Owler is Argonaut Resources’ Chief Executive Officer. He was appointed onto the Board as Executive Director on 1 June 2005. Mr Owler is a Geologist and Geophysicist with 25 years’ experience in mineral exploration and development. Mr Owler holds a Bachelor of Science and is a Member of the Australasian Institute of Mining and Metallurgy.

What is your rationale for attending 121 Mining Investment?

Argonaut is considering divesting its Zambian assets via a London-based spinoff. The company wishes to maintain a dialogue with parties interested in this transaction. Argonaut also wishes to make investors aware of impending drilling targeting at copper at the 100% held Murdie project.

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

Lumwana West (Nyungu copper-cobalt deposit) metallurgical testwork and process flow-sheet.
Murdie project drilling approvals.

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

3 Months:

Lumwana West scoping economics, Murdie drilling approvals

6 Months:

Lumwana West process flow-sheet, Murdie drilling results

12 Months:

Lumwana West scoping study

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

Argonaut is significantly undervalued compared to its assets. Argonaut has a period of strong news-flow approaching.