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Minotaur Exploration Company Brochure
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Minotaur and OZ Minerals to formalise JV covering high-grade Jericho copper project – The ASIA Miner
Minotaur Exploration Limited (‘Minotaur’) is a public company listed on the Australian Securities Exchange (ASX) under the market code MEP. MEP commenced trading on ASX on 25 February 2005. Minotaur is an Australian registered entity with Australian Company Number (ACN) 108 483 601 and Australian Business Number (ABN) 35 108 483 601. Minotaur has extensive minerals exploration tenements in South Australia and Queensland. The Company is governed by a Board of Directors according to Australian Corporate law and the Listing Rules of the ASX. Minotaur specialises in application of innovative geophysical techniques to locate virgin mineralisation deep below the surface. Often, economic mineral deposits are contained within basement rocks, buried below several hundred metres of transported cover (overburden) and cannot be located through conventional surface exploration methods such as soil sampling, geochemical assays and drilling. Minotaur’s remote sensing and interpretative approach has proven very successful, time and time again.
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The Eloise tenements are subject to a farm-in joint venture with OZ Minerals Ltd (ASX: OZL). OZ Minerals is sole funding work programs and Minotaur is manager and operator. OZ Minerals earned 70% interest in the tenements by March 2019.
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Classification late in 2018 of Jericho as a new copper discovery prompted the joint venture participants to implement a new project funding model for Jericho related activities, whereby Minotaur’s share of costs shall be borne by OZ Minerals from April 2019.
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The Highlands Project straddles a major geological boundary between the Kalkadoon-Leichhardt Domain to the west and the Eastern Domain to the east, separated by the regional-scale Mt Remarkable Fault.
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