Anax Metals Limited

Anax Metals is an ASX-listed exploration and development company, with a vision to deliver outstanding shareholder return through innovation in exploration and resource development. Headquartered in Perth, Western Australia, the company has three active projects within the state. In addition, Anax has defined the following new project criteria for strategic business development:

• Projects that provide a cost effective, leveraged entry to development projects and near term production utilising available (remote) processing assets
• Commodities that have low marketing risk.  Focus will be gold and base metals (massive sulphides mineralogy’s of particular interest)
• Jurisdictions with low development risk – staged approach of local then broadening the net
• Project opportunities overlooked by others (typically non-core assets)
• Brownfields projects with near term production prospects preferred
• A different project approach using smart technology

Anax Metals has investment in:

• Predictive Discovery Limited (ASX: PDI) which holds prospective gold assets in the Birimian greenstone belts of Cote d’Ivoire, Burkina Faso and Guinea, West Africa.
• Xantippe Resources Limited (ASX:XTC), exploring for gold near Southern Cross, Western Australia.