Aurelia Metals

On 2nd June 2014, YTC Resources changed its name to Aurelia Metals Ltd. The company is focused on the development and exploration of the high grade Hera-Nymagee Project in the Cobar district of NSW and active in the exploration for copper, gold and tin on a number of tenements in the Lachlan Fold Belt of NSW.

Aurelia Metals Limited commenced development of the Hera Project in March 2013, following completion of a major A$158m funding transaction with Glencore International (Glencore). The Project funding includes $100m of debt and converting notes for the development of Hera and $50m in debt for the future Nymagee development.