Metalsearch Limited's strategy is to become an Australian Industrial Mineral and Compound producer.
The Company's focus is on the Abercorn Project, located in Queensland, Australia. The Abercorn Project is a large-scale kaolin prospect, which has the potential to be developed into a world leading HPA and ALUM project.
The kaolin mineralisation previously drilled in 24 holes at the Abercorn Project in 2007, has the potential for the extraction of marketable volumes of higher-grade AL2O3 feedstock.
- 24 RC holes drilled - Kaolinite intersected in every hole
- Large scale mineralised system from surface
- Resource remains open in all directions
- Abercorn Kaolin has produced 99.99% AL2O3 (4N HPA)
- High Grade AL2O3 (HPA) assay results include 33.71% Al2O3
- Abercorn Kaolin has produced commercial grade Alum, used in water purification
- Potential low cost operation - straight forward open cut mining
- Little to no overburden and low impurities
- Mains sealed highway adjacent to the deposit
- Mains power on site - major power transmission line within 5km of site
- Large water supply nearby and within EPM
- Close to two deep water ports
The Abercorn Project is situated approximately 135km south of the deep-water port of Gladstone and 125km west of the deep-water port of Bundaberg in central Queensland. Both of these major ports are connected to the Abercorn Project by sealed roads. The Burnett highway bisects the tenements.
Metalsearch has a high calibre board and management team with strong technical and corporate expertise in the resources sector.