Groundbreaking
Opportunity
AusQuest Limited is an exploration company targeting new deposits and mineral provinces with major ore potential with the aim of significantly enhancing shareholder wealth. Since listing on the Australian Stock Exchange AusQuest Limited has attracted a range of major companies either as joint venture or strategic alliance partners to help fund exploration over its projects.
The Company is currently exploring within Australia and Peru and holds in excess of 5,000 km² of exploration title (granted tenements and tenement applications).
The Company has a Strategic Alliance Agreement (SAA) with a wholly owned subsidiary of South32 (South32) that has been active since February 2017 (9 years), with South32 providing funds to advance selected early-stage prospects to the drilling stage with follow-up drilling under agreed joint venture terms. During 2025 the SAA was extended for a further 2 year period with a focus on exploration programs in Australia. An administration fee (15%) on all funds expended under the SAA helps to fund ongoing project generation and administration costs of the Company.
The Company explores for a range of commodities and mineralisation styles including magmatic nickel-copper-platinum group element sulphides, large porphyry copper and iron oxide-copper-gold, stratabound base metals, magnetite and Rare Earth Elements. Most of the projects are “greenfields” in nature although initial drilling at several of the Company’s projects has already intersected base metal mineralisation.
