AUSTRALIA: Strandline's Coburn Project Promises Top-Quartile Revenue/Cost Ratio

摘要

Strandline Resources (headquartered in West Perth) has revived interest in the development of its Coburn mineral sands asset in the Gascoyne region of Western Australia. The Coburn deposits are located near Denham, 250 km north of Geraldton and immediately south and east of the UNESCO World Heritage Area at Sharks Bay. The area is famous for its fossilised stromalites, evidence of one of the earliest forms of life on Planet Earth about 3.7 billion years ago. Conscious of the sensitivities surrounding this heritage, Strandline emphasises that its exploration work has always been carried out well to the east of the UNESCO site's eastern boundary.