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COMPANY OVERVIEW 

The Company was established to build on the relationships and Argentinean “know how” a number of its Directors created whilst acquiring and adding value to the Cerro Negro Epithermal Gold project, now the principal asset of Andean Resources Ltd.

In particular, a number of the Directors were instrumental in the targeting and acquisition, from MIM Holdings Ltd, of the Cerro Negro Epithermal Gold Project in the Santa Cruz province. This project has since proved its early potential and is now the principal asset of Andean Resources Ltd and has a current resource of <1,500,000 ounces gold, an amount which may well grow significantly with ongoing drilling programmes.

This background and collective experience highlighted the under-developed mineral potential of Argentina and the potential to delineate and acquire potentially world class exploration projects.

A senior member of the Company's Argentinean management team was involved in the early stages of the Rincon Lithium Salar now being developed by Admiralty Resources Ltd. As General Operations Manager, from 2001-2005, involved in the delineation and early development of the project. Recent recoverable reserve estimates of 1,400,000 tonnes of lithium and 55,000,000 of potash have a reported value of US$44 billion.

The Company has been operating in Argentina for nearly 3 years and, building on the previous relationships of its directors, has built up an established exploration team. The two senior geological personnel are Argentinean nationals and the Company is well placed to accelerate work on its projects and produce early results post listing.

   
 

26 October 2008 Annual Report - for period ending June 2008 ...
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26 October 2008 Notice of Annual General Meeting...  
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9 September 2008 Olaroz Project - Drilling commences...  
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2 September 2008 Olaroz Project - Encouraging first testwork...  
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3 June 2008 Olaroz Project - Positive results from first sampling program...   > READ MORE

31 March 2008 Martin Place Securities initiates research coverage...   > READ MORE

27 March 2008 Olaroz lithium Project - sampling commences...
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28 February 2008 Orocobre Acquires New Project ...
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29 January 2008 New discoveries at the Santo Domingo Project ...
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3 December 2007 Orocobre Ltd commences trading...
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29 November 2007
Orocobre Ltd’s $6.25m Raising Closed Oversubscribed.
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FOCUS ON ARGENTINA
  • highly prospective geology
  • undeveloped compared to Chile, its neighbour and a major minerals producer
  • attractive investment environment with relatively low sovereign risk
  • developed infrastructure
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