Olympia Resources was incorporated in 1997 to carry out exploration and develop mineral deposits within Australia into profitable mining operations. The company was listed on the Australian Stock Exchange (ASX) in August 2004.
Initially Olympia focused on developing the Harts Range Abrasives deposit near Alice Springs in the Northern Territory. In 2003, Olympia discovered the Keysbrook mineral sands deposit in the Southwest of Western Australia. Both projects are well advanced through the development phase.
Olympia has also identified mineral sands resources at Pinjarra, Coolup and Yalyalup in the southwest of Western Australia and is undertaking exploration to identify further resources in this well established mineral sands mining province.
The Company is also active in the mineral rich province of Kalimantan in Indonesia. Olympia’s 90% owned subsidiary, PT Olympia Resources Indonesia owns and operates a small processing plant is Sampit, Kalimantan purchasing zircon concentrate from local mining interests.