Scorpion Minerals Limited
AASX:SCN0.02
AUD
+0.00
(-6.25%)
ISIN
AU0000033326
Return %
Stock
S&P 500
1Y
-59.46
14.20
3Y
-73.21
81.12
5Y
-80.26
68.34
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Michael George Fotios
- Full Time Employees
- 2
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 50 Kings Park Road West Perth WA Australia 6005
- IPO Date
- Feb 13, 2007
- Website
- scorpionminerals.com.au
- Similar Companies
- Business
- Scorpion Minerals Limited (ASX:SCN) is an Australia-based mineral exploration and resource development company focused on discovering and advancing deposits of lithium, gold, copper, nickel, iron ore, silver, zinc, vanadium and platinum-group elements in Western Australia. The company holds 100% interest in the Pharos Project spanning 924 square kilometers in the Murchison Mineral Field, where it conducts exploration for iron, gold, copper and platinum-palladium; a 100% option over the Youanmi Lithium Project covering 279 square kilometers in the East Murchison mineral field; and additional interests including the Jungar Flats Gold Project, secured through an earn-in agreement with E79 Exploration allowing up to 70% interest via staged exploration expenditures of A$3 million over five years. Founded in 2005 and headquartered in Balcatta, Western Australia, Scorpion Minerals operates exclusively within the state's prospective Murchison and Kimberley regions, targeting mining companies, processors and offtake partners as primary customers. Recent developments include a November 2025 memorandum of understanding with China's GreatPower Nickel and Cobalt Materials for up to USD$10-15.3 million in staged funding to define a JORC-compliant lithium resource of at least 10 million tonnes at 1.0% Li2O on WA lithium assets, advance feasibility studies and secure 90% production offtake rights while retaining operational control; an October 2025 partnership with Gylden Resources to explore toll milling, ore purchase or joint venture options for gold resources using the 2.1 million tonnes per annum Kirkalocka processing plant; high-grade gold drilling results at Pharos such as 5m at 2.59 g/t Au and 1m at 9.52 g/t Au; acquisition of three new exploration licenses near Kirkalocka; and early option exercises generating A$701,000 in funding.
Company News
Small Cap Watch: Small Caps mixed as Elixir, Ora Banda, Lumos and Scorpion deliver key updates
Insider Buying: Scorpion Minerals (ASX:SCN) Insider Buys A$36,080.00 in Stock