WMR's tenement holdings have been the subject of significant historical exploration by mining companies including BHP, Rio Tinto, Iluka, CRA & Aberfoyle. Net Present Value of historical exploration is estimated at $50 million
World Minerals and Resources is an Australian owned and operated private company.
World Minerals and Resources focus is on project generation and early stage discovery of Critical Minerals, Heavy Mineral Sands (HMS), Rare Earth Elements (REE) and Gold deposits in Victoria, Australia.
Independent analysis has confirmed estimated volume of 866 Mt of HMS at commercially viable grades, in one small section of WMR’s tenement holdings
The project area encompasses two State significant strandlines in the Wimmera/Mallee region of Victoria.
(Victorian Division)