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Welcome
YRR listed on the ASX on 21st February 2007. The company was formed to consolidate mining tenements that are prospective for vanadium and uranium. Since listing on the ASX, the company has acquired a number of mining tenements located in both Western Australia and the Northern Territory that are highly prospective for uranium.
World Class Vanadium resource - Assays from drilling campaigns carried out in July 2007 and March 2008 at Yellow Rock Resources Gabanintha Vanadium project have identified a world class deposit of approximately 125mt of Vanadiferous material in a Magnetite host (Magnetite, Titanium and Vanadium)
As a consequence of these drilling programmes a new, hanging wall ore zone was recently identified between the surface and the massive high grade resource. This new ore zone will not only increase the total tonnage of the deposit but by reducing the overburden it will reduce the mining costs as saleable ore is closer to the surface. The Gabanitha Vanadium project is still open at depth and it's size could be increased with further exploration.
Read more about the Gabanintha project on the Projects page.
Mission and Objectives
The Company’s mission is to increase shareholder wealth through capital growth and dividends by the discovery of economic mineral deposits and the development of profitable mining operations. The Company’s initial objective is to explore and further evaluate their existing mining tenements. The Company may also evaluate other prospective mining projects that would have the potential to contribute to the Company’s future growth.
Opportunities to acquire other mineral projects complementary to the Company’s present tenement portfolio may be pursued.
Full details of the Company’s exploration portfolio are detailed in the Independent Geologist’s Report included in Section 8 of the Prospectus.
Investment Highlights
ResourceStocks
- Vanadium price hike excites explorer
Read an article published in the June 08 issue of ResourceStocks magazine
profiling YRR's current operations, in particular its world class Gabanitha
Vanadium project. Read
Article (PDF - 193kb)
Boardroomradio Article - Update on current operations.
John Geary (Director) spoke with Boardroomradio about their current operations.Listen
to interview.
New ore Zone to lower cost of mining.
In an article released to the ASX on Monday 19th May 2008 YRR explains
how a recent tests on samples form the Gabanintha Vanadium project have
highlighted a new zone of mineralisation and its location should significantly
reduce the cost of a mining operation. Read
More.
In a recent article The Australian Investor interviewed John Geary and discovered the significance of its recent exploration activities.
Visit the Australian Investor website to Read the article.
