MCB Resources Ltd is listed on the Australian Stock Exchange (ASX:MCB).
The Company is focused on discovering and developing copper and gold resources on the island of Bougainville, Papua New Guinea, and is committed to the development of sustainable working relationships with indigenous peoples with whom the Company is engaged in relation to its projects.
The current focus is on the Tore Joint Venture (TJV) in which the Company has a 75% equity interest. The TJV holds two large Exploration Licences (EL), ELs 03 and 04 comprising approximately 1,704km2 of highly prospective ground in the northern portion of Bougainville Island. The ELs were granted for 3 years in November 2017 under the 2015 Mining Act of the Autonomous Region of Bougainville.