Oscar Resources is a Sydney-based mineral exploration and development company that centres on base and precious metals in the Pilbara, Western Australia.
The Company's current projects are Mt Oscar Iron Ore Project and Mt Oscar Gold Project. The Company is holding iron ore assets at Mt Oscar Main tenement E47/1379 and all minerals at Mt Oscar North tenement E47/1378. These two tenements cover a total area of ~163Km2.
Oscar Resources has a highly experienced team in management, finance, exploration, metallurgy and mining, establishing good relationships with leading processing technology and equipment suppliers in China. The Company is using cutting-edge technologies of magnetite ore processing, by working with the technology and equipment suppliers to develop the Mt Oscar Magnetite project, aiming at reducing operating costs and increasing product Fe grades and mass recovery, benefiting our shareholders.
Furthermore, Oscar Resources is developing exclusively an innovative processing flowsheeet with breakthough technologies and techniques to extract and process the large quantity of low grade BIF haematite ores, aiming at producing a saleable coarse-sized haematite product with a low operation cost for added economic value to the Project, benefiting our shareholders.
By taking advantage of the prime location of the tenements, Oscar Resources is planning a smart way to phase capital investement to develop the Mt Oscar Iron Ore Project, with a significantly reduced CAPEX for entry into production to generate cashflow.
With the exclusive processing techniques and flowsheeets Oscar Resources will look for more opportunities to grow the Company through acquisition or joint ventures, benefiting our shareholders.
Oscar Resources is committed to ensuring the safe and efficient operation of its projects.