Shree Minerals Limited is an Australian diversified mineral exploration and mine development company whose vision is to create shareholder value through the successful exploration of prospective mineral tenements and the development of these ore bodies into production.
Shree has a portfolio of projects within Tasmania of the scale and diversity to provide a continuously active exploration program with early production opportunities. The legislative environment in Tasmania is well defined and development of the mining industry is encouraged by Government.
The Company &rsquo s key objectives are:
· to focus on the development of its Nelson Bay River magnetite project in Tasmania
► to cater to the attractive coal washery market in East Coast Australia in phase 1. Existing resources adequate for a 16 year mine life for such operation..
► to explore to increase the resource size to enable expanding the operation in phase 2 to supply the pellet market for blast furnace use.
· exploration of its other mineral tenements located in Tasmania
· acquisition of additional prospective mineral tenements in Australia and overseas
· development of strategic partnerships to support its project development and acquisition of prospective mineral concessions and
· developing a supportive shareholder base that can assist in achieving these objectives.