The explorer’s managing director Paul Williams said despite the weak iron and coal prices, copper remained much the same due to the value of the Australian dollar. 

The company was confident copper prices would continue to “hold up pretty well”. 

Chinese investors were still keen on acquiring mining projects in Australia, Mr Williams said. 

“There’s still a strong appetite in China of securing especially copper and gold projects,” Mr Williams said. 

Chinese investors equate to about 60 per cent of the company’s shares, he said. 

Mr Williams was scheduled to speak at the Exploring and Mining the Isa Conference last week, which was cancelled due to low ticket sales. 

He said there was a low turnout at last year’s conference as well. 

But Mr Williams noticed many of the companies such as Hammer Metals and Aeon Metals – which have a presence in the North West Minerals Province – will be speaking at a Brisbane based mining conference later this month. 

“From what I can tell [there is] plenty going on up that way,” the Brisbane-based director said. 

Mr Williams was scheduled to speak about the explorer’s recent drilling discoveries and the announcement of a future drilling project in Quamby to start within several weeks. 

The company has today released information of the future project to the Australian Stock Exchange.