Eastern Resources Limited (ASX:EFE)
Eastern Resources Limited, formerly Eastern Iron Limited, is an Australia-based exploration company. The Company is engaged in the exploration and delineation of iron ore, precious and base metals resources in Australia/Asia Pacific region and the development of those resources into economic, cash flow generating mines. It explores and evaluates various mineral projects in the eastern states of Australia, including the Nowa Nowa Iron and Copper Project in Eastern Victoria. The Nowa Nowa Iron Project is located approximately seven kilometers (km) north of the township of Nowa Nowa, which is situated on the Princes Highway between Bairnsdale and Orbost in East Gippsland, Victoria; the Nowa Nowa Copper Project conducts limited exploration work. The Company's subsidiaries include Gippsland Iron Pty Ltd, Gippsland Iron Pty Ltd, and Gippsland Iron Pty Ltd.