Welcome To Regal Resources
Regal Resources Limited is an ASX listed (ASX:RER) minerals company focused on the identification, acquisition, development and operation of high grade copper and cobalt projects in the Katangan Copperbelt of the Democratic Republic of the Congo (“DRC”).
The Company has acquired significant interest in a portfolio of permits that collectively cover some 350sq km of a highly prospective part of the western Katangan Copperbelt. At Kalongwe, the Company’s flagship project, a near surface oxide resource of 302,000t contained Cu at an average grade of 2.72% Cu that also includes 42,000t contained Co has been delineated.
Regal has released the results of a Scoping Study for the Kalongwe Cu-Co Project. The study outcomes are highly positive and indicate the strong economic viability for developing a stand-alone, low CAPEX, open pit mining operation. Refer to ASX announcements on 21 April 2015 and 3 June 2016 for further details.
Regal is currently focused on fast tracking the development of the Kalongwe Project and on drill testing high priority exploration targets already identified on its other permits so as to build a substantial resource base.