Innovation and private investment in the mineral resources sector
Established in 2013 ACH Global executed its first deal in late 2014, a Farm-in & Joint Venture agreement in relation to the Foster/Jan nickel and gold project in the Eastern Goldfields of Western Australia. This joint venture was established in a new company, ACH Nickel.
ACH Global continued to research, review and evaluate a range of mineral resource opportunities across Australia throughout 2015 and 2016 as key commodity price levels fell further and faster than many analysts expected, whilst company enterprise and asset values also dropped to multi-year lows.
In late 2015 a second new vehicle, ACH Minerals, was established to initially farm-in to the Ravensthorpe Gold Project being divested by Silver Lake Resources Ltd. The project offered excellent exposure to significant mineral inventories of gold, silver and copper as well as exploration potential for other minerals. In 2016 ACH Minerals exercised an option to acquire 100% of the project and now, renamed Medallion Metals Ltd, is in the final stages of preparing to list on the ASX towards the end of 2020.
ACH Nickel continues its review of new opportunities to secure and invest in resource projects that capable of meeting its investment mandate. Parties are encouraged to contact the Managing Director as follows:
CONTACT + 61 8 9226 0887
Suite 5, 11 Ventnor Avenue, West Perth, WA 6005
PO Box 470, West Perth, WA 6872