Abarta has three projects focused on the East Laverton, England and Edward Projects to deliver company-making exploration success. The East Laverton Project encompasses approximately 1200km2 of the namesake under explored East Laverton Greenstone Belt. Limited historical exploration has defined significant areas of both gold and base metal (Cu/Zn) anomalism whilst pursuing nickel.
The England Project is located within the immediate vicinity of the Granny Smith (Gold Fields Ltd) processing facility in Laverton, allowing any significant discovery, the potential for early mine development. Historical results have not been followed up, England is granted exploration lease and is ready for immediate drilling.
The Edward Project is an area of underexplored greenstone belt on trend to the south of the Marvel Loch and Transvaal deposits and is located approximately 40km from the Marvel Loch processing facility.
Abarta is planning to list on the ASX in Q4 2021 and is seeking to raise $5-7M. These funds will be used to commence exploration, including early drilling of the principal gold and base metal targets within its three project areas. Abarta expects to deliver early and sustained news flow to enhance the company’s share price.