News

Krucible has engaged UTS Geophysics to conduct the first aerial geophysical survey of our only NT tenement, Tobermorey, (EL28170) in May 2014. The data acquisition will encompass almost 2,400 kms in Grid Zone 53 in MGA94 which is in the NE corner where past work by Krucible has returned up to 428ppm lead in quartz breccia sub-crop (AGD66 795027E, 7421729N) (ASX announcement 2 July 2013).  Field reconnaissance sampling has been in progress on Krucible’s nearby Toomba tenement (EPM15367) for most of April. Past drilling by Krucible has returned up to 3m @ 2.4% copper from 12m (09TMRC-29 AGD66 210370E, 7400968N) at the Champ Prospect. Our technical team is also conducting simultaneous biogeochemical field research along side a scientific team from HDR | Salva to develop state-of-the-art exploration tools for sampling and surveying these remote and difficult terrains. 

Krucible is a successful and cash-rich junior resources company with an enviable history of discovery in phosphorus and heavy rare earth elements plus a proven ability to commercialise its discoveries. Listed on Australia’s main stock exchange since 2007, Krucible continues to explore for precious metals, base metals and strategic metals like strontium, and is transitioning to be a combined exploration and mining company. Krucible has plans and expectations to ultimately enter joint ventures to develop mines on tenements in the mineral rich Mount Isa area of north western Queensland. Krucible has a strong industry-based board and management, promoting aggressive value-added mining projects and strategies.