Welcome To Trafford Resources Limited
A Perth-based mineral exploration company which listed on the Australian Stock Exchange in 2006
Recent developments have strengthened Trafford's multi-commodity growth model. When listing in 2006, Trafford's primary focus was exploring for Iron Oxide, Copper, Gold and Uranium (IOCGU) deposits at the Wilcherry Hill Project in South Australia's Gawler Craton. Trafford discovered large quantities of high grade magnetite iron and as a result floated IronClad Mining in 2007 as a development vehicle to establish iron ore operations. The unfolding Wilcherry Hill iron ore project, an 80:20 joint venture between IronClad Mining and Trafford Resources, is set to become one of Trafford's major development arms as it progresses closer to production.
Trafford achieved a successful return on investment when a $1.4 million investment in Robust Resources was turned into a liquid asset of approximately $17 million, with millions returned in dividends to shareholders.
An opportunity to embrace Trafford's growth strategy appeared in 2012 and Trafford took a significant interest in a high grade gold project in Brazil via its investment in Orinoco Gold Limited.
Other projects Trafford are actively working on include a South Australian joint venture, with Kingsgate around the Challenger Mine. Trafford now controls a total of 7,259km2 of highly prospective exploration licences on South Australia's Gawler Craton, Trafford owns 4,607km2 100% for all minerals, and following the purchase of Southern Gold's 51% share in the Challenger joint venture with Dominion Gold Operations (a 100% owned subsidiary of Kingsgate Consolidated) a further 2,652km2 of land sits within Trafford's portfolio.
Trafford is developing the potential of the Black Hill project area, with high grade silver discovered in June 2013 drilling at the "Sunday Iron" prospect within Black Hill.
A joint venture with Independence Group, provides Trafford the iron ore rights to two projects north-west of Geraldton and first pass drilling has confirmed there is outcropping hematite of +60%Fe over a larger area of Twin Peaks and Moorarie.
Trafford is spreading its wings, moving the company in different directions and increasing cash flow into the company, remaining an exploration company, growing in size over time.
Find out more about Trafford's yearly performance with Trafford Resources Annual Report 2013
Stocks Digital, Trafford Review, 23 October 2013 - http://www.nextminingboom.com/trafford-update-tin-looks-all-over-zealous-and-ironclad-provides-an-update-on-wilcherry-hill-iron-ore/?utm_source=SDMO