MinRex Resources Limited

Industry: MINING

MinRex Resources Limited (ASX: MRR) is an Australian-based exploration company focused on copper and gold discoveries in world-class mineral provinces. The Company’s current priority is the Fraser Range Copper-Gold Project in Western Australia, where drilling is set to commence in mid-May 2025 across five high-impact targets. This program, fully funded by MinRex, aims to test for Iron Oxide Copper Gold (IOCG) and Broken Hill Type (BHT) mineralisation in a region that shares geological similarities with the world-class Nova-Bollinger deposit.

The Fraser Range Project comprises granted exploration licences E63/2078 and E63/2083, along with mineral rights to E63/2056. Situated within the Biranup Zone—an extension of the mineral-rich Fraser Zone—the area offers outstanding potential for significant copper-gold discoveries.

Alongside Fraser Range, MinRex holds a substantial portfolio of gold and base metal assets in New South Wales, including the Sofala Gold Project, which hosts JORC 2012-compliant resources of 352,000 ounces of gold.

With a strategic focus on drill-ready copper-gold opportunities, strong technical leadership, and exposure to multiple tier-one regions, MinRex is well-positioned to deliver near-term exploration success and long-term shareholder value.