BAY – Bayrock Resources | Aussie Stock Forums

Bayrock Resources Limited was incorporated for the sole purpose of acquiring the entire issued share capital of Metalore Pty Ltd, a company incorporated in Australia and Nickel Exploration Norrland AB, a company incorporated in Sweden (Holding Companies) which hold the Lainejaur Project and Northern Sweden Nickel Line Project Portfolio, located in Västerbotten County and Norrbotten County in Northern Sweden, respectively.

The Company owns 100% of the entire issued share capital of each of the Holding Companies and, accordingly, is the ultimate owner of a 100% interest in the following projects:

Lainejaur Project (41.2km2)
The Lainejaur Project consists of one Exploration Permit. The Project hosts a historic Nickel mine with a JORC Code Compliant Inferred Mineral Resource Estimate and a number of nearby untested geophysical anomalies within the wider Exploration Permit.

Northern Sweden Nickel Line Project Portfolio (340.7km2)
The Northern Sweden Nickel Line Project Portfolio is comprised of five early stage Exploration Permits that have been subjected to varying levels of historical exploration and are prospective for Nickel, Copper, Cobalt, Platinum group elements and precious metals.

It is anticipated that BAY will list on the ASX during August 2022.