Comet Resources have a proven track record in delivering value to shareholders through a long running program of various exploration and mining activities. The board and management team are highly experienced with a wide knowledge base that is honed to finding and developing projects.
Comet Resources has returned $32 Million to Shareholders.
Comet Resources listed on the ASX in 1994. Major project successess include the Ravensthorpe Nickel Project which was discovered and evaluated by Comet and developed with BHP Billiton, returning $32 million to shareholders.
The Company’s is advancing the 100% owned high-grade Springdale Graphite Project to the next stage of development. The project is located on freehold land, approximately 30 kilometres east of Hopetoun in south Western Australia with good access to infrastructure, being within 150 kilometres of the port at Esperance via sealed roads.
The Barraba Copper Project is comprised of a 2,375ha exploration license that covers the project area, EL8492, which is located near the town of Barraba, approximately 550km north of Sydney. It sits along the Peel Fault line and encompasses the distoric Gulf Creek and Murchison copper mines. The region is known to host VMS style mineralisation containing copper, zinc, lead and precious metals. Historical workings at Guld Creek produced high-grade copper and zinc for a short period around the turn of the 19th century.