Minotaur Exploration Ltd employs several tactics in order to build shareholder value and spread enterprise risk. These comprise:
- Focussed wholly within Australia
- Innovative Exploration methods
- Strategic Joint Venture alliances
- Diversification across varying geological environments
Minotaur specialises in discovery of economic mineral deposits. We successfully apply leading edge techniques such as ground based and airborne geophysics and geochemical methods to interpret the presence of mineralised systems and their controls. Minotaur primarily focuses on copper-gold deposits, with a specific emphasis on iron-oxide-copper-gold (IOCG) mineralised systems in South Australia and Queensland.
Strategic Joint Ventures
Through well developed alliances with major partners Minotaur has been able to leverage its technical expertise way beyond its own balance sheet capabilities. Strong partnerships with major offshore organisations such as Sumitomo, Mitsubishi and Japan Oil Gas and Metals Corporation (JOGMEC) have endured over several years. Joint venture arrangements enable Minotaur to maintain an aggressive exploration campaign across its areas of interest. In the 2018 calendar year joint venture partners invested $5.36 million into Minotaur’s exploration programs.
Minotaur is optimistic about the future benefits to be potentially reaped from its Kaolin deposits, in South Australia where Andromeda Metals (ASX: ADN) may invest A$6 million to earn 75% interest and bring the resource asset into commercial production.