METRO MINING LIMITED (ASX:MMI)
Metro Mining Limited is an Australian exploration and mining company based in Brisbane, Queensland.
The company’s flagship project, the Bauxite Hills Project, is located 95 kilometres north of Weipa within the world renowned bauxite province on western Cape York. The company holds 1,300 square kilometres of exploration tenements at Bauxite Hills.
The Bauxite Hills Project has a total Direct Shipping Ore (DSO) Measured, Indicated and Inferred Resource of 65.3 million tonnes which includes 41.8Mt of DSO Proved Ore Reserve and 6.4Mt of DSO Probable Ore Reserve.
Mine construction at Bauxite Hills is planned to commence in Q2 2017 and first shipment is scheduled Q2 2018 following the regions “wet season” (December – March)
Metro also holds one of Australia’s largest thermal coal resources in Queensland’s Surat Basin.