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The Torrens Joint Venture is exploring for iron-oxide copper-gold systems in the highly prospective Stuart Shelf region of South Australia (Torrens project). The Torrens Project is located near the eastern margin of South Australia’s Gawler Craton region (Stuart Shelf), within 50 kilometres of Teck Cominco’s Carrapateena copper-gold discovery and 75 kilometres from BHP Billiton’s Olympic Dam mine.
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Blayney and Temora Projects, NSW |
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In 2011 Straits made an offer to purchase the minorities of Goldminco Corporation, listed in Canada. As at August 2011, Straits owned 97.5% of Goldminco, with Straits moving to compulsorily acquisition of the remainder. Goldminco’s main assets are the Blayney and Termora Projects in the Lachlan Fold Belt of NSW.
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