Forstrong Global Growth Fund (FGRW)

Overview

Reedy Lagoon Corporation Limited is a mineral exploration company engaged in the search for mineral deposits in Australia and the United States. Founded in 1986, the company is headquartered in Melbourne, Australia, and focuses on the exploration of lithium, iron ore, magnetite, and gold deposits. Through its dedicated exploration programs, Reedy Lagoon Corporation Limited aims to identify and develop significant mineral resources, leveraging its expertise and strategic locations of its projects in areas with known mineral potential.

Products and Services

• Lithium Exploration

  The company is involved in lithium exploration projects, including the Alkali Lake North and the Clayton Valley lithium brine projects. These projects, covering a combined area of 4,814 hectares, are located in Nevada, U.S.A., positioning the company to explore for lithium, a critical element used in batteries for electric vehicles and various electronic devices.

• Iron Ore and Magnetite Exploration

  Reedy Lagoon Corporation Limited explores for iron ore and magnetite deposits, crucial materials in the steelmaking process. The exploration is primarily conducted within the Burracoppin project located in Western Australia, aiming to uncover significant deposits that can support the growing global demand for steel and related products.

• Gold Exploration

  The company also holds interests in exploring for gold, primarily through its Burracoppin project in Western Australia. Gold, being a valuable and sought-after precious metal, presents a strategic exploration focus for the company, aiming to discover and potentially develop viable gold deposits.