Welcome to Barra Resources Limited, a West Australian focused explorer and producer targeting gold and base metal projects.
Barra’s two high quality gold projects are located near Coolgardie, WA, situated within the Coolgardie Greenstone Belt. Our base metal projects are both situated within the Norseman – Wiluna Greenstone Belt with the Mt Thirsty Project located near Norseman, WA, and the Riverina Project near Menzies, WA.
Barra continues to develop its projects with the aim of building growth and investment returns for our shareholders.
In recent years with volatile gold prices and tight access to capital, Barra’s ability to grow its gold assets with the lowest possible risk has allowed the company to self-fund its activities through mining of the Newminster Gold Deposit at Phillips Find and securing a gold royalty income stream from the Birthday Gift Mine Area (Owned and operated by Kidman Resources Ltd, ASX:KDR) within the Burbanks Project.
Our base metals projects are both joint ventures with Barra holding 50% of the Mt Thirsty Project (50% Conico Ltd, ASX:CNJ, Manager) and 30% of the Riverina Project (70% Riverina Resources Pty Ltd, Manager); the Riverina Joint Venture has rights to nickel only.
Barra Resources Limited (Barra) was incorporated on 20 June 2000 in Perth for the purpose of acquiring, or securing the right to acquire, prospective exploration and mining tenements located in the Eastern Goldfields region of Western Australia. The Company’s portfolio of projects was compiled largely from the expertise of its major shareholder at that time, Barminco Pty Ltd, one of Australia’s largest underground mining contractors.
Barra commenced the transition from a private company to that of a listed entity on the Australian Stock Exchange (ASX) from mid-2000 with an underwritten Initial Public Offering (IPO) that raised $5million. Since then Barra has explored and produced gold at First Hit (Riverina), Birthday Gift (Burbanks) and Newminster (Phillips Find), and is currently in the pre-feasibility stage on the Mt Thirsty Cobalt-Nickel Oxide Deposit.