Malachite Resources Limited

( ASX:MAR ) - Materials


A Local Long Term Silver Play

In a lot of ways silver has been in recent decades the forgotten metal, struggling with an identity crisis as a poor man’s precious metal and/or a rather expensive industrial metal. In its glory days, Broken Hill in western New South Wales was known as Silver City, and to this day the highway leading into the town is so named. Broken Hill gave its name to a rather famous Proprietary, but these day’s when one thinks of BHP Billiton one doesn’t immediately think of silver, or for that matter the zinc and lead upon which the company built its foundations. Today junior mining companies are left to squabble over what commercial deposits may still remain at Broken Hill.

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