Ero hunts for new ground

14th March 2013 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – Junior explorer Ero Mining on Thursday told shareholders that it was on the hunt for new exploration and development opportunities.

The ASX-listed company noted that as a significant portion of its current asset base was not viable for on-ground exploration activities, owing to delays with permitting and other approvals, the company would add shareholder value through acquisitions.

The explorer was currently focused on lithium, uranium and gold assets, and held several uranium tenements in South Australia as well as gold deposits.

With the change in focus, Ero said on Thursday that its CEO Kevin Lines had resigned from his position, effective immediately.