Groote Resources Limited is a Perth-based exploration company which continues to actively search for new projects, both within Australia and offshore. Currently the company has two main projects, the Groote Eylandt Manganese project and the Mt Alexander Uranium Project.
Groote Resources holds exploration rights for six tenements covering 1,723 km2 of shallow marine terrain and two islands near Groote Eylandt in the Northern Territory of Australia. These tenements are located immediately adjacent to and contain the interpreted extensions of the world-class manganese deposits at Groote Eylandt.
The EL comprises 8,877 hectares of prospective ground in the Ashburton Mineral Field of Western Australia, approximately 10km south of Nanutarra. An assessment of this work has identified a number of conceptual uranium and basemetal targets and an exploration program is currently being produced by the team at Groote resources.
Groote Resources in trading halt pending exploration licenses update
29th Jul 2010, 9:19 am
Groote Resources Ltd (ASX:GOT) has requested a trading halt on the trading of the Company’s securities, to take effect prior to the commencement of trading Thursday 29 July 2010, pending the release of an announcement in relation to the Groote Eylandt exploration licenses, prospective for manganese.
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