WA1 Resources: A Western Australian Gold-Copper Exploration Company

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I would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I'm going to introduce is $Wa1 Resources Ltd(WA1.AU)$.

It went public on 8 February 2022.

[Company Profile]

WA1 Resources Ltd engages in the mineral exploration business in Western Australia. It explores for iron oxide, copper, and gold deposits.

The company's flagship project is the 100% owned West Arunta project comprising three granted exploration tenements covering an area of approximately 267 square kilometers located in the West Arunta Orogen.

WA1 Resources Ltd was incorporated in 2021 and is based in Nedlands, Australia.

[History & Events]

2021: WA1 Resources was incorporated and was based in Nedlands, Australia.

2021: The Company continued to actively manage its operating and overhead expenditure by successfully completing a capital raising of $141,000 in May 2021 and $153,000 in March 2021.

2022: West Arunta tenement holdings expanded to over 1,500km2 following a review of regional exploration potential.

2022: The company released the first drill results from its West Arunta Project in Western Australia.

2022: WA1 Resources discovered a mineralised carbonatite system at the mine.

2022: WA1 Resources Ltd (WA1) floated on the Australian Securities Exchange (ASX) on Tuesday, 8 February.

2022: WA1 Resources signed a Native Title Heritage Protection & Mineral Exploration Agreement (HPA) with the Kimberley Land Council (KLC), on behalf of the Hidden Valley nickel-copper (Ni-Cu) exploration project in the East Kimberley region of Western Australia.

2022: WA1 Resources announced that its maiden West Arunta Project drilling program has been successfully completed.

[Main Business Segments]

Source: TigerTrade

[Net Income &Cash Flow]

Source: TigerTrade
Source: TigerTrade

[Competitors]

$MACMAHON HOLDINGS LIMITED(MAH.AU)$

$Caravel Minerals Ltd(CVV.AU)$

$Austral Resources Australia Ltd(AR1.AU)$

$CDU.AU(CDU.AU)$

$Revolver Resources Holdings Ltd(RRR.AU)$

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