Welcome to Parker Resources NL
Parker Resources NL ("Parker" or the "Company") is an Australian based mineral exploration company formed for the purpose of acquiring and developing prospective mineral properties in Australia.
The Company is focussed on exploring for uranium and other base metal mineralisation in its Allambi project.
The Company will also search for outstanding projects that will add considerably to its portfolio of projects. All potential commercialisation options for the Company’s assets will be considered with the ultimate aim of creating and maximising shareholder value.
In June 2011, the Company entered into the Joint Venture and Farmin Agreement to acquire up to a 70% interest in the Allambi project by issuing Excelsior Gold Limited with 250,000 fully paid ordinary shares in the Company and by sole funding $400,000 of exploration expenditure within three years from the date of listing on the ASX.