Exploring for Gold and Battery Metals in the Falklands

The Company’s principal focus is the Falkland Islands where the Directors have significant knowledge and experience.

Gold was first discovered in the Falklands in 1999 and subsequent follow-up work confirmed additional gold occurrences through to 2007. However, exploration techniques available at that time were unable to provide sufficiently detailed sub-surface target generation to allow accurate drill placement due to the thick layer of peat present across many areas of the Falklands.

Warrah Resources has secured an exclusive exploration licence from the Falkland Island Government which covers a significant proportion of the land mass of East and West Falklands.

The Directors believe that the application of advanced geophysical applications such as drone magnetic and electromagnetic surveying plus importantly new technology such as deep penetrating radar technology will significantly de-risk future exploration by providing detailed sub-surface imagery in the priority areas.

In January 2024, the Company was delighted to announce that it has secured investment from Fortuna Ltd, one of the largest privately owned businesses in the Falkland Islands. Having secured this initial round of funding, the Company can now implement its work program. In the event of encouraging results, the Company will seek to advance to exploration drilling activity later in 2024.