Energy & Resources

ASF Resources Pty Limited ("ASFR")


The Company, through its wholly owned subsidiary, ASF Resources Pty Ltd ("ASFR"), has assembled mineral exploration projects in Australia. ASFR's strategy is to build a portfolio of quality exploration, energy and mining projects and enter partnering and co-investing arrangements with major Chinese mining groups.


The Company has established relationships with a number of major mining groups in China that are interested to invest in Australia's energy & resources sector.


ASFR's current resource interests are:


  • South Ellendale project which is a large project area in the Canning Basin of Western Australia comprising six Exploration Licences and four Exploration Licence Applications covering an area of approximately 2,000 square kilometers. These tenements are known to be prospective for thermal coal and diamonds; and
  • Three projects in Tasmania that are prospective for base metals, tin, gold and iron in the established mineralized belt of western Tasmania.

ASFR intends to expand and further investigate this portfolio of resource assets. In doing so, the Company intends to fund most of the required mineral exploration expenditure on these projects by way of co-investing arrangements at either the project level or within ASFR.


Western Australian Tenements: South Ellendale Project