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The Balfour Project

Located in the mineral-rich region of northwestern Tasmania, the Balfour Project represents a significant opportunity in the global copper market. This expansive project spans over 70 kilometers and hosts more than 110 identified copper-gold occurrences, positioning it as a key asset in meeting the growing global demand for copper.

Balfour Copper Project - Tasmania, Australia

Our flagship operation spanning 70 kilometers in northwestern Tasmania. The project includes:

  • 110+ identified copper-gold occurrences

  • JORC-compliant resource at Murry's Reward

  • Initial 10-year mine life processing 500,000 tonnes annually

  • Projected annual production of 50,000 tonnes copper concentrate

  • Technical value estimated at A$123.5-200 million

  • Exclusive 50-year mining rights agreement

 

Strategic Significance

With copper playing a crucial role in the world's transition to renewable energy and electric vehicles, the Balfour Project is strategically positioned to become a major supplier in the copper market. Our exclusive 50-year mining rights agreement provides long-term security for sustainable resource development.

 

Project Highlights

  • Year 1 projected revenue: USD $73.47M

  • Year 10 projected revenue: USD $93.07M

  • Initial 10-year mine life processing 500,000 tonnes annually

  • Projected production of 50,000 tonnes of copper concentrate per year

  • Technical value estimated at A$123.5-200 million

  • Additional value potential from gold and silver by-products

  • Substantial exploration upside with numerous untapped deposits

  • Strong infrastructure including roads, ports, and power supplies

 

Strategic Location & Infrastructure

The Balfour Project benefits from:

  • Established mining jurisdiction in Tasmania

  • Access to skilled workforce

  • Proximity to ports and transportation

  • Reliable power infrastructure

  • Strong environmental and governance standards

 

Growth Strategy

HIRU Corporation is actively pursuing:

  • Expansion of the Balfour Project resource base

  • Additional mining acquisitions in Australia

  • Strategic partnerships with major mining companies

  • Implementation of sustainable mining practices

 

Our growth is supported by strong institutional backing and strategic partnerships that position HIRU Corporation to become a significant player in the global copper market.

 

The Balfour Project aligns perfectly with the global push toward sustainable energy infrastructure, offering significant growth potential as worldwide copper demand continues to rise. Our development approach prioritizes environmental responsibility while maximizing resource utilization for optimal stakeholder returns.

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