Minotaur Exploration Limited (‘Minotaur’) is a copper-gold and base metals oriented project generator with a focussed regional approach, engaging with joint venture partners to create company growth opportunities. Minotaur is actively exploring IOCG style targets in Australia, where geophysics can identify sub-surface anomalies prospective for copper-gold mineralisation and other targets prospective for base metals such as zinc, lead, copper.
Minotaur Exploration Ltd’s strategy to build shareholder value and minimise enterprise risk:
- Commercialisation of Kaolin-Halloysite deposit through JV outsourcing
- 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.
Advancing Kaolin towards commercialisation –
ADN 51%; MEP 49%
Andromeda Metals (ASX: ADN) is earning 75% project interest through its $6 million investment into the Great White Kaolin JV, expecting to attain that target late in 2020. Minotaur notes the significant share price arbitrage opportunity presently available to investors wherein Andromeda’s market capitalisation of ~$270 million (with an assumed 75% project interest) implies a value of ~$350 million for 100% of the project, as at 30 September 2020. On a project equity basis (ignoring value in all peripheral assets held by either party) Minotaur shareholders could expect a proportionate market value of ~$90 million. Minotaur anticipates this disparity will be corrected as the project proceeds to issue of the DFS (end 2020) and subsequent confirmation of product off-take agreements.
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 organisations such as OZ Minerals, 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.