Demetallica (DRM) Stock Price, News & Analysis

Demetallica Limited engages in the acquisition, exploration, and exploitation of mineral properties in Australia. It primarily explores for copper, gold, zinc, lead, silver, and other metals. The company's projects include the Pyramid tenement group, which covers 150 square kilometers located to the south of Townsville; and the Windsor project that comprises 7 tenements covering an area of 629 square kilometers situated to south of Charters Towers in mid north Queensland. It also holds interests in the Peake and Denison project, which consists of four exploration licenses covering an area of 2,547 square kilometers located near Gawler Craton; and the Chimera Polymetal project covering an area of 2,067 square kilometers situated near Cloncurry, Queensland. The company was incorporated in 1993 and is headquartered in Norwood, Australia. As of December 5, 2022, Demetallica Limited operates as a subsidiary of AIC Mines Limited.