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26 May 2016
Crusader Wins Social Investment Program Award
Brazil‐focused resource development company Crusader Resources (ASX: CAS) ("Crusader" or "the Company") is pleased to advise it has been awarded for its social investment program at Minérios & Minerales Magazine's 18th Annual Award of Excellence in the Mining-Metallurgical Industry in Brazil.
The award was for Crusader's social investment program in the communities of Posses, Palmital and Muniz which neighbour its producing Posse Iron Ore Mine within Brazil's world famous Iron Quadrilateral in Minas Gerais state.
Following the principle of ensuring broad participation and consultation, Crusader sponsored a training course for the community on the preparation of projects, presentation and final vote on the preferred project in a community meeting.
The project is to improve the road access to the communities and will be completed in cooperation with Caeté Prefecture, sponsored by Crusader. Another activity with the local community is the building of an IT room among other developments.
Commenting on the award, Crusader Managing Director, Mr Robert Smakman, said:
"We are very pleased to receive this prestigious award. It is gratifying to see the company's achievements in social investment in Brazil recognised. The company will continue to provide similar programs to local communities in Brazil as we move forward."
Crusader was one of 17 companies that received awards at Minérios & Minerales Magazine's 18th Annual Award of Excellence in the Mining-Metallurgical Industry for their contribution to the Brazilian mining and resources sector.
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About Crusader
Crusader Resources Limited (ASX:CAS) is a minerals exploration and mining company listed on the Australian Securities Exchange. Its major focus is Brazil; a country Crusader believes is vastly underexplored and which offers high potential for the discovery of world class mineral deposits.
Crusader has three key assets: