TRF 0.00% 1.9¢ trafford resources limited

ROBUST EXPLORER THRIVES IN TOUGH TIMESIn Western Australia,...

  1. 2,120 Posts.
    ROBUST EXPLORER THRIVES IN TOUGH TIMES

    In Western Australia, Trafford's JV with mid cap Independence Group at Twin Peak iron ore project is also heading towards production.

    "We will be focusing very much on Twin Peaks in the second half of this year so Trafford can will be continuing it's earn in to attain our 51% ownership and another round of drilling should finalize that. With additional expenditure we can earn up to 80%", Finch said

    A number of production scenarios are being considered for Twin Peaks, which is all part of the company's "octopus strategy.

    "There are so many opportunities at the moment. The tin represents a huge opportunity for us. It's going to be a clear winner if we can get the right sort of ongoing hits", Finch said.

    " In exploration you put your money towards the successes and at the moment we've had extreme success with the re-assaying of the IRONCLAD holes - in particular with the tin", he said.

    " Now we more silver coming out of these re-assayed boreholes. We also see wonderful tungsten intersections as well and we know there is also copper there. The opportunities are going to be myriad and as always, we will go in the direction where we see the best return for investors."

    Throw in the company's investment with Orinoco Gold a budding junior explorer focused in Goias, the second largest gold producing state in Brazil and it becomes clear why Trafford is the envy of other juniors.

    "We have always been careful to keep our eyes on the capital structure of the company. We have only just after seven years of operation, broken through the 100 million shares on issue barrier" Finch said.



    The Question for TRF shareholders is which Company maker project will
    be coming First?


 
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