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Kagara Zinc Limited
|Date: ||1 January 1981|
|Sub Category:||Public Company|
|Summary Information: |
|Kagara was founded in July 1981 as an unlisted public company to explore for and mine gemstones and tantalite in the Forrestania - Southern Cross Greenstone Belt in Western Australia. |
Kagara initially became interested in the zinc mining potential of North Queensland in 1997, largely as a result of the Sun Metals zinc refinery being constructed at that time, together with the abundance of small high-grade undeveloped deposits in the region.
Kagara focussed its attention on two deposits which it believed had the best potential for early development, namely Surveyor (part of the larger Balcooma project) and Mt Garnet which together provided the critical mass to sustain a significant project.
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