Company News: Avonlea Minerals
Updated: 26 Aug 2010
Avonlea Minerals Limited is an Australian exploration company based in Perth, Western Australia. While Avonlea has gold and base metal interests in Central Queensland and iron ore rights to the Diemals Iron Ore Project in Western Australia, the Company's focus has become its Exclusive Prospecting Licences ("EPLs") in Namibia. Namibia is generally considered one of the more desirable places in Africa to explore for minerals, based on the stable political and mining friendly environment. Avonlea acquired 95% of the issued capital in Eris Mining (Pty) Ltd a Namibia incorporated exploration company in May 2009.
Eris has since commenced exploration on its EPL's which are considered highly prospective for iron ore, copper, gold and rare earths/metals. Eris also holds a large Exclusive Reconnaissance Licence ("ERL"). Collectively, these licences provide scope to explore approximately 12,000km2.
Financial Information
- West Leederville
- WA
- 6901
- Australia
Most Recent Company News
- Abenab assays - 27 Jan 2012 1:18pm
Initial drilling at Avonlea Minerals Ltd’s past-producing Abenab vanadium property in Namibia has returned combined vanadium-zinc-lead mineralisation. Read more... - New energy fuels growth - 06 Aug 2010 11:57am
President Hifikepunye Pohamba and the ruling South West African People’s Organisation (SWAPO) were decisively re-elected in the presidential and National Assembly elections of November 2009 Read more...
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