Variscan Mines Limited (VAR:ASX)
Variscan Mines Limited is an Australia-based company engaged in the exploration and development of mineral projects. The Company operates in two geographical segments, which include Australia and Spain. The Company has constructed a portfolio of base-metals interests in Spain, Chile and Australia. The Company’s two advanced zinc projects in Spain are located in mining jurisdictions: the Novales-Udias Project located in the Basque-Cantabrian Basin, approximately 30 kilometers southwest from the regional capital, Santander, and the Guajaraz Project located in the Central Zone of the Iberian Massif, approximately 60 kilometers southwest from the national capital, Madrid. The Rosario Project is located approximately 120 kilometers east of the port city of Chanaral in the Atacama Region of northern Chile. The Company has a number of exploration joint venture agreements to explore for copper, gold, zinc, lead and uranium in Australia.