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Explaurum Limited

IRM Services
Ticker Code
EXU
Market Cap ($m)
39
Market Cap As At
20/12/2017
GICS Industry Group
Materials
Company Description
Explaurum Limited (ASX:EXU) is an Australian-based gold exploration company focused on the exploration and development of the Tampia Gold Project, located 300km east of Perth in the wheatbelt of Western Australia near the township of Narembeen. The prospect was discovered in 1987 and an Inferred Resource of 324,000oz gold estimated in 2000. Explaurum acquired the project in September 2015. Exploration drilling has significantly increased the potential size of the project, with shallow, high grade mineralisation open in all directions.