About Lowell Resources Funds Management

Lowell Resources Funds Management Ltd ("LRFM" or "The Manager") manages the Lowell Resources Fund ("LRF") Portfolio, where it has had a successful track record for over 20 years.

The Manager operates through an Investment Committee which incorporates the experience and knowledge of individuals who have direct working experience in the minerals and energy industries, geosciences, broking, banking, and funds management.

LRF unitholders are provided with broad exposure to the junior mining and energy sectors in a Portfolio that is actively managed by the Manager in accordance with its investment philosophy and stock-selection criteria.

The fund's objective is to take profits when available and will realise investments once targets are reached or can no longer be achieved.

 

The Lowell Resources Fund is a unique investment opportunity

 
Fund focus 
  • One of the very few long term investment funds that offers exposure to the junior resources sector in both minerals and energy across Australia and global stock exchanges in unlisted and listed companies
Successful track record since 2004 
  • Superior performance over the short, medium and long term 
Experienced management 
  • Deep technical, financial and commercial expertise and networks with experience through multiple cycles
Unique network - not easily replicated 
  • Access to deal flow in public and private markets
  • Proven ability to generate returns throughout the cycle
  • Potential for structured investment opportunities through consultant relationships
Fund valuation summary 

The most recent Net Asset Value of Lowell Resources Fund can be found in the Announcements page within the Investor Centre in this website. The estimated NAV per unit of the Trust at 31 January 2026 was $3.11/unit.

Top holdings as at 31 January 2026 
  •  4.5% I  Astral Resources (ASX.AAR)  Gold
  • 4.4% I  Unity Metals (ASX:UM1)  Gold
  • 3.9% I  Southern Palladium (ASX:SPD)  PGM
  • 3.4% I  Unico Silver (ASX:USL)  Silver
  • 3.3% I  Ordell Minerals (ASX:USL)  Gold
  • 3.1% I  Freegold Ventures (TSX:FVL)  Gold
  • 3.0% I  Andina Copper (TSXV:ANDC)  Copper
  • 2.9% I  Sunstone Metals (ASX:STM)  Gold-Copper
  • 2.7% I  Black Canyon (ASX:BCA)  Manganese
  • 2.4% I  Lefroy Exploration (ASX:LEX)  Gold
  • 5.9% I  Cash  

Fund Investment actions - January 2026

In gold, the Fund added to its holding in Auravelle Metals (AUV.ASX), and took some profits in other precious metals investments.
In energy, the Fund added to its holding in recently listed Equus Energy (EQU.ASX).
In base metals, the Fund increased its holdings in copper explorers Andina Copper (ANDC.TSXV), Mogotes Metals (MOG.TSXV) and Great Southern Copper (GSCU.LSX). The Fund made two new investments during the month in copper explorer Whitecliff Resources (WCN.ASX) and lithium company Pursuit Minerals (PUR.ASX).

Characteristics of the Fund 

Nature of fund:  Long only, absolute return fund

Investee companies:  Junior resource companies, including gold, base and specialty metals, and energy

Investment type:  Focus on global listed and unlisted resource equities

Distribution policy:  100% of taxable profits distributed annually