AusQuest
- Company typePublic
- Founded2003
- HeadquartersArdrossan, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
AusQuest firmographics
Firmographics- Name
- AusQuest
- Legal name
- AusQuest Limited
- Website
- https://ausquest.com.au
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
AusQuest industry classification
Industry- Product category
- Mineral Exploration Services
- NAICS
- Other Metal Ore Mining (212290)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Copper Exploration & Resource Development (IMAKADAA)
- akta.pro secondary industry
- Iron Ore Exploration & Resource Definition (IMAKAAAA)
Keywords
Where AusQuest is headquartered
LocationHeadquarters
- HQ city
- Ardrossan
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
AusQuest business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Strategic Alliance Administration Fee: The company receives a 15% administration fee on all funds expended under the Strategic Alliance Agreement with South32, which helps fund ongoing project generation and administration costs. This provides recurring administrative revenue while exploration is funded by the partner.
- Joint Venture Farm-Out: The company attracts major mining companies as joint venture or strategic alliance partners to help fund exploration. AusQuest retains ownership while partners contribute exploration expenditure, typically advancing projects through to drilling stage under agreed joint venture terms.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
AusQuest product offering
Product offeringCore offering
AusQuest is a greenfield mineral exploration company that identifies, acquires and advances exploration tenements targeting new copper, gold, nickel, base-metal and iron-ore deposits. It generates prospects through integrated geophysical, geochemical and geological surveys, then advances them via RC and diamond drilling, funded largely through joint-venture farm-in arrangements and a Strategic Alliance Agreement with South32.
Product overview
AusQuest is a mineral exploration company with two primary geographic focuses: Peru and Australia. In Peru, the portfolio comprises five projects (Cangallo Porphyry Cu, Cerro de Fierro IOCG, Playa Kali IOCG, Parcoy IOCG, and Chololo Porphyry Copper) targeting porphyry copper-gold and IOCG deposits in southern Peru. In Australia, five projects span Western Australia (Balladonia, Morrisey Well, Mount Davis), South Australia (Coober Pedy), and Queensland (Hamilton), targeting copper, lead, zinc, nickel, magnetite iron ore, and PGE mineralisation. The company holds over 5,000 km² of exploration titles and operates under a Strategic Alliance Agreement with South32.
Differentiator
Problem solved
Functional benefit
Products and services
- Cangallo Porphyry Cu Project Porphyry copper-gold exploration project located in southern Peru, approximately 8km from the coast, featuring a 3km x 2km caldera-like structure with defined copper mineralisation corridor extending +1500m strike, 250-500m width and exceeding 400m depth. Offered as a JV/farm-in opportunity to major mining partners.
- Cerro de Fierro IOCG Project IOCG and porphyry copper exploration project located approximately 140km south of the Mina Justa Cu deposit in southern Peru, containing the high-priority Lantana porphyry target (2,000m x 800m) with anomalous copper values exceeding 1.0% Cu. Offered as a JV/farm-in opportunity.
- Playa Kali IOCG Project IOCG exploration project located approximately 20km east of Chala along the Peruvian coast, targeting manto-style copper deposits similar to the Mina Justa deposit, with multiple IOCG targets showing copper-bearing manto outcrops grading 0.14% to 1.96% Cu.
- Parcoy IOCG Project IOCG and porphyry copper exploration project located approximately 50km north of Cerro de Fierro in southern Peru, targeting manto-style and porphyry copper mineralisation with anomalous Cu (150ppm up to 3.2% Cu) and Au (50ppb to 1.6ppm Au) values within andesitic volcanics and monzodiorite intrusions.
- Chololo Porphyry Copper Project Porphyry copper exploration project located approximately 30km from the port of Ilo in southern Peru, targeting a preserved porphyry copper system at shallow depths beneath Moquegua Formation sediments, approximately 2km north of the Ilo-Este Porphyry Copper discovery.
- Balladonia Cu-Pb-Zn-Ni Project Base-metal and nickel exploration project located approximately 60km south of the Nova-Bollinger nickel-copper deposit in Western Australia, covering approximately 1,400 km². Targets Broken Hill Type lead-zinc, IOCG, and nickel-copper deposits with evidence of base-metal potential and REE mineralisation.
- Morrisey Well Magnetite (Fe), Ni-Cu-PGE Project Magnetite iron-ore and Ni-Cu-PGE exploration project located approximately 200km north-east of Geraldton in Western Australia, covering approximately 1,130 km². Davis Tube Recovery (DTR) testing confirms premium iron concentrate grading >70% Fe from coarse grind size.
- Mount Davis Cu-Pb-Zn-Ni Project Sediment-hosted base-metal exploration project located approximately 180km NNE of Wiluna in Western Australia, covering approximately 970 km² along the northern margin of the Earaheedy Basin, with drilling intersections including 18m @ 2,010ppm Pb and 24m @ 3,586ppm Pb.
- Coober Pedy Copper-Gold Project IOCG copper-gold exploration project located on the north-eastern margin of the Gawler Craton in South Australia, covering approximately 170 km² approximately 100km NW of the Prominent Hill Copper-Gold deposit, with targets identified through MIMDAS IP surveys.
- Hamilton IOCG Project IOCG exploration project located in north-west Queensland approximately 120km south of the Cannington mine and 250km south of Ernest Henry, covering approximately 260 km², targeting IOCG mineralisation beneath approximately 200m of cover with elevated copper values (0.2% Cu) in iron formations.
Quantifiable outcome
- 1500m+ strike length, 250-500m width, 400m+ depth extent mineralised envelope identified at Cangallo porphyry copper discovery
- +1 more outcomes
Companies that use AusQuest
Customer profileSegments1 record
Ideal customer profiles1 record
AusQuest technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
AusQuest partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- South32 LimitedcoreAusQuest has a Strategic Alliance Agreement (SAA) with a wholly owned subsidiary of South32 that has been active since February 2017 (9 years as of 2026). South32 provides funds to advance selected early-stage Australian prospects to the drilling stage with follow-up drilling under agreed joint venture terms. During 2025 the SAA was extended for a further 2-year period with focus on exploration programs in Australia. An administration fee of 15% on all funds expended under the SAA helps fund ongoing project generation and administration costs. The extension was reported by Euroz Hartleys as a strategic move to derisk Australian exploration.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
AusQuest competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
AusQuest social profiles
Digital presenceAusQuest financial estimates
Financial estimateRevenue estimate
Valuation estimate
AusQuest leadership team
Management profileNumber of profiles
AusQuest funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AusQuest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AusQuest
What does AusQuest do?
AusQuest is a greenfield mineral exploration company that identifies, acquires and advances exploration tenements targeting new copper, gold, nickel, base-metal and iron-ore deposits. It generates prospects through integrated geophysical, geochemical and geological surveys, then advances them via RC and diamond drilling, funded largely through joint-venture farm-in arrangements and a Strategic Alliance Agreement with South32.
Is AusQuest a public or private company?
AusQuest is a public company. It is classified as public and is currently operating.
When was AusQuest founded?
AusQuest was founded in 2003. It employs 1 to 10 people.
Where is AusQuest based?
AusQuest is headquartered in Ardrossan, Australia, in the Oceania region.
How does AusQuest make money?
Two revenue lines are on record. Strategic Alliance Administration Fee is the primary driver. The others are joint Venture Farm-Out.
Does AusQuest have an API?
No public API is recorded for AusQuest.
What industry is AusQuest in?
AusQuest's product category is Mineral Exploration Services. Its primary akta.pro industry code is IMAKADAA, Copper Exploration & Resource Development, with a secondary code of IMAKAAAA, Iron Ore Exploration & Resource Definition. Its NAICS code is 212290 and its SIC code is 1000.