*** IPO OPENING AT 9AM WST TODay ***
Highlights
·Tightly held Resources Shell offering very attractive valuation.
·Highly prospective Greenfields zinc-copper projects in “hot” exploration areas.
·Favourable market conditions with the Zinc price at 10 year highs & tightening supply of Zinc.
·Experienced Management & Corporate team with a strong track record to drive projects forward and to add value to the company.
·There is also strong potential for conglomerate-gold mineralisation within the Company’s Pilbara holdings which will be investigated.
· Early fieldwork will target gold potential via mapping and sampling.
·Active Newsflow post listing;
-Drilling to commence at Qtz Bore
-Commencement of Vtem survey at Mt Sydney, located along strike from Rumble Resources (RTR) Braeside base metals project.
-Results from both drilling at Qtz Bore and results of Airborne Survey at Mt Sydney
Tando’s projects are all located in WA’s Pilbara Region
Project Overview
Quartz Bore Project;
·Located adjacent to Whim Creek and Salt Creek Deposits
·Also adjacent to new Gold discoveries by De Grey Mining, Venturex Resources and DGO Gold
·High grade zinc-copper mineralisation in historical drilling over 600m at the Balla Balla Prospect, mineralisation not tested below 300m from surface.
·Mineralisation open along strike and at depth, clear exploration strategy utilising state of the art geophysics.
·Significant historical results include: 15m at 5.11% Zn and 0.12% Cu incl. 5m at 12.5% Zn.
·Drill ready zinc -copper targets, moving to a maiden resource.
Mt Sydney;
·Mt Sydney along strike from Rumble Resources (RTR) Braeside Project.
·Underlain by prospective Hardey Formation which is attracting a lot of interest with the Pilbara conglomerate plays.
·Commencement of VTEM survey at Mt Sydney to begin shortly.
Mt Vernon;
·Along strike from Galena’s Abra Project
Tando Resources Pilbara Tenements in Red, surrounded by recent “Gold Rush” companies
Management
Bill Oliver, Managing Director
·Geologist with over 18 years’ exploration experience in the international resources industry working for both major and junior companies.
·Proven track record in project identification and evaluation.
·Mr Oliver has led large scale resource definition projects in the Pilbara for Rio Tinto, including target generation and grassroots exploration across a range of commodities, and worked in near mine exploration/resource definition roles.
·Currently of the board of Celsius Resources (CLA).
Jeremy King, Non-Executive Chairman
·Corporate advisor with over 15 years’ experience in domestic and international legal, financial and corporate matters.
·Extensive corporate experience and substantial global network.
Patrick Burke, Non Executive Director
·Lawyer with extensive legal, commercial and corporate advisory experience for ASX listed companies.
·Mr Burke holds a Bachelor of Law from the University of Western Australia and has acted as a director for a large number of ASX, NASDAQ and AIM listed companies.
