Exco Resources Ltd is a mining and exploration company that has been in operation since 1998. The Company is currently focused on three key projects; the Cloncurry and Hazel Creek Projects in Northwest Queensland and, the White Dam Gold Project in South Australia which is operated in a joint venture with Polymetals Mining Limited. The Company's primary focus remains exploration within its Northwest Queensland land package that covers more than 3,000km2 of prospective tenements.
In late 2011 the Company made a $135M (38c/share) return to shareholders as a result of the Cloncurry Copper Project (CCP) transaction and strong cash flows from the White Dam Gold Project.
In November 2012 the Company was acquired by Washington H Soul Pattinson and Company Limited. The Company was removed from the official listing of the ASX on 15 January 2013.
Exco is well funded and with the support of its new owners is positioned to expand exploration activities and pursue strategic acquisition opportunities.