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 13 March 2026 was $2.87/unit.

Top holdings as at 28 February 2026
 
  • 5.2% I  Astral Resources (ASX.AAR)  Gold
  • 4.3% I  Southern Palladium (ASX:SPD)  PGM
  • 3.8% I  Andina Copper (TSXV:ANDC)  Copper
  • 3.8% I  Brazilian Critical Metals (ASX:BCM)  REE
  • 3.6% I  Unico Silver (ASX:USL)  Silver
  • 3.6% I  Saturn Metals (ASX:SPD)  Gold
  • 3.3% I  Talon Metals (TSX:TLO)  Ni-Cu
  • 3.3% I  Freegold Ventures (TSX:FVL)  Gold
  • 3.3% I  Ordell Minerals (ASX:ORD)  Gold
  • 3.2% I  Unity Metals (ASX:UM1)  Gold
  • 5.3% I  Cash  

Fund Investment actions - February 2026

In precious metals, the Fund added to its position in Newfoundland explorer AuMega Metals and British Colombia explorer Kingfisher Metals, while taking some profits from its holding in west African explorer Sanu Gold.
In O&G, The Fund added to its holding in NW Shelf gas developer Equus Energy. And in uranium the Fund took a new position in South Australian explorer Orpheus Uranium.
In base metals, the Fund added an investment in Queensland copper explorer Canindah Resources and boosted its holdings in South American copper explorer Andina Copper. The Fund also added to its holding in WA manganese company Black Canyon Resources.

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