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Everlast Minerals Limited (EM8) is a mineral exploration company whose primary focus is the exploration, discovery and delineation of economic mineral sand deposits for advancement into production.
The company, through its subsidiary in Banglasdesh, holds the portfolio of:
– three (3) mining leases located at the Brahmaputra-Jamuna River under Gaibandha Sadar Upazila and Fulchari Upazila of Gaibandha District in northern Bangladesh;
– one (1) exploration licence application located at the Brahmaputra River under Ulipur and Kurigram Sadar upazila of Kurigram District in northern Bangladesh; and
– one (1) exploration licence application located at the Padma (Ganges) River under Pabna Sadar and Sujanagar Upazila of Pabna district and Pangsa Upazila of Rajbari District of Bangladesh.
The Company, through its Subsidiary, proposes to move into the mining of mineral sands in relation to the three (3) mining leases granted at the Gaibandha Mineral Sands Project in the short to medium term once necessary preparation work is completed. The Company, through its Subsidiary, has acquired and constructed production equipment, including dry sand plant and wet sand plant, which are key to mineral sands processing, and is currently in the process of conducting trial production. The Company believes the trial production will be completed within approximately twelve (12) months of the company's listing on the ASX.
It is anticipated that EM8 will list on the ASX on 31 October 2024.
www.everlastminerals.com
The company, through its subsidiary in Banglasdesh, holds the portfolio of:
– three (3) mining leases located at the Brahmaputra-Jamuna River under Gaibandha Sadar Upazila and Fulchari Upazila of Gaibandha District in northern Bangladesh;
– one (1) exploration licence application located at the Brahmaputra River under Ulipur and Kurigram Sadar upazila of Kurigram District in northern Bangladesh; and
– one (1) exploration licence application located at the Padma (Ganges) River under Pabna Sadar and Sujanagar Upazila of Pabna district and Pangsa Upazila of Rajbari District of Bangladesh.
The Company, through its Subsidiary, proposes to move into the mining of mineral sands in relation to the three (3) mining leases granted at the Gaibandha Mineral Sands Project in the short to medium term once necessary preparation work is completed. The Company, through its Subsidiary, has acquired and constructed production equipment, including dry sand plant and wet sand plant, which are key to mineral sands processing, and is currently in the process of conducting trial production. The Company believes the trial production will be completed within approximately twelve (12) months of the company's listing on the ASX.
It is anticipated that EM8 will list on the ASX on 31 October 2024.
Everlast Minerals
www.everlastminerals.com
