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Karratha Metals Group Limited (“Karratha Metals” or the “Company”) is an Australian-domiciled company focused on mineral exploration at its Elizabeth Hill silver project in Western Australia.

In addition to the activities at the Elizabeth Hill silver project the Company is progressing a range of acquisition options in the mining sector and hopes to be in a position to release more details in the near future. The Company’s shares are currently unlisted.

About Us

Our Team

Non-Executive Chairman

Mr Sage has in excess of 30 years experience in the fields of corporate advisory services, funds management and capital raising. Mr Sage is based in Western Australia and has been involved in the management and financing of listed mining and exploration companies for the last 18 years. Mr Sage has operated in Argentina, Brazil, Peru, Romania, Russia, Sierra Leone, Guinea, Cote d’Ivoire, Congo, South Africa, Indonesia, China and Australia.

Mr Sage is currently  Chairman of ASX-listed Australian companies, Cape Lambert Resources Ltd. Mr Sage is also a Non-Executive Director of ASX-listed European Lithium Ltd, Cauldron Energy Ltd, and Fe Ltd; and National Stock Exchange of Australia (NSX) listed International Petroleum Ltd.

Mr Sage is also the sole owner of A League football club Perth Glory that plays in the National competition in Australia.

Non-Executive Director

Michael Sutherland has over 26 years of experience in all aspects of the exploration and mining industry, including underground mining, open-pit mining, project operations management and field operations management. Mr Sutherland has also held non-executive director positions on a number of ASX listed companies including Metal Bank Limited and Greenland Resources.

Non-Executive Director

Mr Nicholas Sage is an experienced marketing and communications professional with in excess of 25 years in various management and consulting roles. Mr Sage is based in Western Australia and currently consults to various companies and has held various management roles within Tourism Western Australia. Mr Sage also runs his own management consulting business.

Melissa Chapman

Melissa is a certified practising accountant with over 15 years of experience in the mining industry. She has worked extensively in Australia and the United Kingdom including five years as Group Financial Controller for BSG Management Services. Melissa has a Bachelor of Accounting from Murdoch University and has been a member of CPA Australia since 2000. Melissa has completed a Graduate Diploma of Corporate Governance with Chartered Secretaries of Australia Ltd and the company directors course with the Australian Institute of Company Directors.

Corporate Governance

Karratha Metals Group Limited is committed to maintaining the highest standards of corporate governance. The primary responsibility of the Board is to represent and advance Shareholders’ interests and to protect the interests of all stakeholders.  To fulfil this role the Board is responsible for the overall corporate governance of the Company including its strategic direction, establishing goals for management and monitoring the achievement of these goals.

The Company is an unlisted disclosing entity, and as a result must comply with the continuous disclosure obligations under Chapter 6CA of the Corporations Act.  Rather than lodge material information, the Company will comply with ASIC Regulatory Guide 198: Unlisted disclosing entities: Continuous disclosure obligations and include all material information on its website, www.karrathametals.com.au, as soon as practicable.

The Company has adopted the following charters and policies:

Our Projects

The Company is progressing a range of acquisition options in the mining sector and hopes to be in a position to release more details in the near future.

Elizabeth Hill Silver Project

The Company’s Elizabeth Hill Silver Project is located approximately 40km south of Karratha in Western Australia.  Silver was historically mined from underground operations between 1998 and 2000 producing 1.17 Moz. More recent exploration was expanded to investigate the potential for base metal and nickel sulphide deposits associated with the highly prospective Archean Munni Munni Complex (MMC) that intrudes the Archean granitic and gneissic basement rocks of the Pilbara Craton. Exploration activities at Elizabeth Hill were put on hold during 2017.

In 2001 the Company and its former JV partner (since withdrawn) sold certain assets relating to Elizabeth Hill, including Elizabeth Hill Plant, equipment and associated infrastructure (including tailings) (known as the Sub-Lease Assets) to a third party.  Those assets were assigned and are currently owned by Artemis Resources.  Artemis is yet to advise of its intentions with respect to the Sub-Lease Assets.

Investors

Financial Reports

Annual Report 2019
25 Oct 2019
Annual Report 2018
22 Sep 2018
Annual Report 2017
30 Jun 2017

Shareholder Services

All shareholding enquiries should be directed to:

Computershare Limited
Phone:    1300 850 505 (Aust.) or +61 (8) 9323 2000 (Int.)
Fax :        +61 (8) 9323 2033
Website: www.computershare.com.au

Postal Address:
GPO Box D182 Perth WA 6840

Key Data

Karratha Metals Group Limited
Australian Business Number
82 000 738 885

Incorporated on 2 December 1969
The Company changed its name to Karratha Metals Group Limited on 29 November 2017

First admitted to the official list of ASX on 9 April 1970
(Shareholders approved the Company’s removal from the ASX at a GM on 7 July 2014 and the Company was removed on 15 August 2014)

Former names:
Global Strategic Metals NL (changed on 1/6/2012)
East Coast Minerals NL

The Company’s issued capital:
Ordinary fully paid shares (as at 13 Sep 2018)715,884,881

The Company’s shares are currently not listed on a stock exchange.

Stantons International Audit and Consulting Pty Ltd
Level 1, 1 Walker Avenue, West Perth, WA 6005, Australia.
Phone: (08) 9481 3188

Contact Us

Corporate & Registered Office

32 Harrogate Street,
West Leederville, WA, 6007
Australia

Call
Tel: +61 (8) 6181 9795

Postal Address

PO Box 1385
West Leederville, WA, 6901
Australia

Email
info@karrathametals.com.au