Company Overview
Strike Resources is an Australian-listed resources company focussed on developing a large scale iron-ore project in Peru.
Apurimac and Cusco Iron Ore projects, Peru– These are large-scale iron ore projects, with Apurimac in the Pre-feasibility Study stage. The company is seeking to establish a 15 – 20 million tonne per annum (Mtpa) operation based on current JORC Indicated and Inferred Resources of 373Mt with significant exploration upside.
Strike Resources executed an agreement with Canadian company Cuervo Resources Inc. in July 2011 giving it the right to acquire up to 49.2% of Cuervo (46% on a fully-diluted basis). This strategic move consolidated Strike’s position as the major holder of high-quality iron-ore concessions in the Apurimac and Cusco regions.
The Company’s other projects comprise 100% of the mining rights in the Berau Thermal Coal Project, Indonesia and a royalty interest in the Paulsens East Iron-Ore Project in Western Australia.