HALLS CREEK COPPER PROJECT
· Programme of Diamond Core drilling completed
· Confirms and extends previously known mineralisation
· Indicated/Inferred Resource estimated for Mount Angelo North;
1.78Mt @ 1.60% Cu & 1.21% Zn
PARKER RANGE IRON ORE PROJECT
· Discussions underway with preferred consortiums tendering to
design, finance, construct and operate a multi-user iron ore
facility (MUIOF) at Esperance Port
· Two consortia comprise;
1. Qube Bulk and Brookfield Infrastructure, and
2. McConnell Dowell Constructors, Asciano & Marubeni Corp.
HAMERSLEY IRON PROJECT
· Indicated/Inferred Resource of 343Mt @ 54.5% Fe (57.9% CaFe)
· Metallurgical testwork confirms DSO potential of ore
· Scoping studies to commence
CORPORATE
· Royalty payment of $213,000 and quarterly payment of $250,000
received from Phoenix Gold Ltd.
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