CLZ – Classic Minerals Ltd


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Classic Minerals Limited is an Australia-based company, that is engaged in exploration of mineral resource projects, focusing on gold and nickel. The Company holds approximately 578 square kilometers of tenements across two regional exploration areas in minerals-rich West Australia. It is focused on gold deposits in Western Australia’s Goldfields region at Forrestania and Kat Gap. Its flagship Kat Gap Gold Project is located approximately 170 kilometers (km) south of Southern Cross and also 50 km south of the Company’s Forrestania Gold Project. The Forrestania Gold Project is located approximately 120 km south of Southern Cross, Western Australia and contains the Lady Ada and Lady Magdalene deposits. Its Fraser Range Project (E28/1904) is approximately 40 km to the northeast of Sirius Nova deposit on the Fraser-Albany Mobile Belt, approximately 160 km east southeast of Kambalda and is of interpreted Proterozoic age. It holds approximately 28 km of strike across 84 square kilometers.

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