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PATERSON RESOURCES LTD

Paterson Resources Limited is an Australia-based junior mineral resources company focused... Paterson Resources Limited is an Australia-based junior mineral resources company focused on the exploration and development of gold and copper projects. The Company’s projects include Grace Project and Burraga Project. The Grace Project area is located approximately 25 kilometers (km) southeast of the Telfer gold mine and consists of a sub-greenschist facies regional stratigraphic sequence of quartz rich sandstones and interbedded siltstone/dolomite units of the Malu and Isdell Formations. The Grace Project Prospecting Licenses cover approximately 350 square kilometers. The Burraga Project is comprised of four Exploration Licenses (EL6463, EL6874, EL7975 and EL8826), approximately two km south of the village of Burraga is the historic Lloyds Copper Mine. In the northeast corner of EL6463, approximately seven km north northeast of Burraga, is the Lucky Draw Gold Mine.More