Krucible Metals Ltd (ACN: 118 788 846 ) is a public mineral exploration company listed on the ASX as KRB. Krucible is intent upon making high quality, high value discoveries in the Mt.Isa Region of western Queensland within the next 5 years.
The Company was formed in 2006 by managing director,Tony Alston who is a successful exploration geologist with 30 years experience.
Krucible has acquired an extensive 100% owned exploration tenement package in the Mt.Isa region prospective for copper/gold, uranium & silver/lead/zinc mineralization in the “melting pot” of this highly endowed metal province. Major mines operating in the Mt. Isa region include Phosphate Hill [Incitec Pivot], Cannington [BHPBilliton], Osborne [Barrick Gold], Century [Zinifex] and Ernest Henry and Mt.Isa mine [Xstrata]. A significant number of quality orebodies including the Skal-Valhalla uranium deposits [Summit] and Lady Annie/Mt. Kelly copper deposits [CopperCo] are expected to be future mines.
In the last two years there have not yet been many public offerings (IPOs) for companies solely focused on the Mt.Isa region, despite the discovery of several world class orebodies – Krucible is ideally placed to fill this gap in 2007, particularly given the strong weighting of uranium in the tenement portfolio.