29Metals Ltd
29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile.
The business
29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile. The principal activities of the Company are mining and mineral production, mineral concentrate sales, mineral exploration and development, and ancillary services. The Gossan Valley project, located 7 km south of Gossan Hill at Golden Grove, comprises multiple deposits including Gossan Valley, Conteville and Grassi. It evaluates the potential to develop one or more of the deposits. The Redhill project, located in Chile, is a 29Metals exploration asset covering a historically under-explored copper region. It hosts mesothermal polymetallic quartz-sulphide veins with copper, silver and precious metals mineralisation. The Cervantes project at Golden Grove lies beneath the Scuddles underground mine, with about 210 meters/ mineralization below existing development. Prefeasibility study supports extending the Scuddles underground mine life.
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