Drake Resources (ASX: DRK) holds an impressive portfolio of highly prospective nickel, copper and gold assets across Scandinavia and West Africa.
Projects in Scandinavia include a new nickel-copper discovery at Granmuren in Sweden, nickel deposits at Espedalen in Norway, and significant remaining mineralisation in the Joma copper-zinc mine.
Drake has also built a well-positioned portfolio of gold projects in West Africa, focusing on the underexplored provinces of Mauritania which is host to the current 20 million ounce Tasiast Gold Mine, as well as in Northern Guinea.
Delivering strong shareholder value is Drake’s mission and the company’s aim is to be a successful and profitable mining company, taking robust projects through to mining, or realising their value at optimal times through merger and acquisition programs.
Drake's independent review of its Bergslagen asset portfolio, including the greenfield Granmuren nickel-copper sulphide discovery, has identified that the region has potential to be a world-class nickel camp.
Drake has released an update to its strategy for the remainder of 2013.
|ASX CODE||LAST TRADE||CHANGE|