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TRAKA RESOURCES LIMITED - Discussion

Traka Resources Limited is an Australia-based mineral exploration company. The Company's... Traka Resources Limited is an Australia-based mineral exploration company. The Company's projects include Mt Cattlin Gold-Copper-Rare Earth Elements (REE), Gorge Creek and Cranbrook. The Mt Cattlin Gold-Copper-REE project is located in south-western Western Australia in a proven mining district that includes Galaxy Resources' Mt Cattlin Lithium Mine (located immediately to the south of Traka’s tenements), the Ravensthorpe Nickel Mine (FQM) and the Ravensthorpe Gold Project (Medallion Metals). The 100%-owned Gorge Creek project is located within the highly-prospective Mt Isa inlier and Carpentaria Province in North Queensland. The Cranbrook project includes exploration licenses covering approximately 900 square kilometers (sq km) of prospective clay and hard rock hosted REE has been secured in the Albany Fraser Orogen Zone. The Company retains a 2% net smelter return royalty on all minerals produced from tenements located in Musgrave, Western Australia.More

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