Kidman Resources Limited (KDR) has assembled a portfolio of tenements which, subject to confirmation of initial results, are considered to have strong potential for Copper, Gold and Rare Earth Elements.
The Company's strategy will focus on the acquisition and exploration of a portfolio of tenements that have strong indications of prospectivity, with major untested anomalies, but which are relatively under–explored. The Company's primary focus to date has been on major structures within the well known Copper/Gold mineralisation belts in Central New South Wales. This region is host to a number of major successful mining operations, including Mineral Hill, Northparkes, Tottenham and the Peak Mine.
The recent global financial crisis presented the Company with an opportunity to add attractive tenements to its portfolio in New South Wales as well as the Arthur Popes Copper/Rare Earth exploration prospect at Hale River in the Northern Territory.