Korab Resources Ltd.

Korab Resources Ltdis an international mining and exploration company listed on Australian Securities Exchange (ASX:KOR) and traded on ASX and Berlin Stock Exchange (BSE). Our corporate strategy is to locate, acquire, advance and crystallise value from resources projects.

Korab group operates several development projects in Australia and overseas. It also operates exploration project in the Northern Territory and has a shareholding in private company exploring in Western Australia.

Winchesteris one of the best located magnesium deposits in the world with ~17 million tonnes of JORC Code compliant resource @ 91% MgCO3. Winchester is located just 75 km south of the port of Darwin. Project is serviced by excelled infrastructure including, rail, sealed highway, gas pipeline, high voltage power and potable water. Magnesium is stronger than steel yet lighter than aluminum. It is widely used in steel making, glass making, cement making, nickel and cobalt hydrometallurgy, chemical industry, aerospace and military applications, as flame retardant, in super conducting materials, in automotive sector, in agneisum ion bateries, and in building and construction materials.

GeolSecrock phosphate deposit contains in excess of 1.3 million tones of rock phosphate grading average 12% P2O5. Deposit has high grade pockets grading up to 39% P2O5. The deposit is being developed as simple quarrying operation with the aim of, grinding the rock to produce organic fertilizer for sale to organic farmers and pastoralists in the Northern Territory and to selected niche markets in NSW, Victoria and Western Australia.

Bobrikovogold and silver project is located in the Lugansk region in eastern Ukraine. Bobrikovo has a JORC resource of 3.3 million ounces of gold and 16.3 million ounces of silver.

Primary Activity

Mining CompanyGold, silver, organic phosphate rock, magnesium