Project Highlights
URQUHART POINT AND CAPE YORK HEAVY MINERAL SAND AND BAUXITE PROJECT
66.66% MLM (OZORE RESOURCES PTY LTD EARNT 33.33% AND PROGRESSING TO 50%)
The Cape York Heavy Mineral Sands (HMS) and Bauxite (Bx) project has been the focus of activities in the December Quarter;
➤ Site clearance works commenced at Urquhart Point Heavy Mineral Sands Project
➤ Fabrication by Consulmet of the Urquhart Point Heavy Mineral Sands processing plant has commenced in South Africa and is proceeding on schedule
➤ Completed a maiden drilling program at the Urquhart Point Bauxite Project over target areas A & B consisting of 81 holes (results from Area A announced on 21/01/2015)
➤ Positive results achieved for Area A and further work initiated
➤ Area B results also imminent
➤ Completed a drilling program at T16 which consisted of 355 holes for a total of 1,933m - laboratory analysis of samples are in progress
COMPANY HIGHLIGHTS
➤ Royalty Agreement signed for Dingo Dam Mining Lease - first payment $250,000 was received in January 2015
➤ $579,280 R&D Refund received in November 2014
➤ Cape Flattery Silica Sand project EMPA 25734 was applied for covering significant high purity silica sand
➤ Three graphite EMPAs applied for south of Croydon
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