Mt Isa Metals Limited (ASX:MET) is pleased to announce significant intercepts from RC drilling of the D‐Tree phosphate deposit and initial metallurgical testwork results from the re‐sampling of historical trenches.
The D‐Tree Project is a proposed joint venture between Legend International Holdings, Inc. (Legend 80%) and Mt Isa Metals (MET 20%) which consolidates ownership of the significant D‐Tree phosphate deposit. A joint venture Heads of Agreement was signed by both parties in late 2008 and formal joint venture documentation is under final review.
Click here to view the full announcement.
For further information please contact:
Mr Peter Spiers
Managing Director
Ph: (07) 3303 0624 or 0409 407 265
Mr Duncan Cornish
Company Secretary
Ph: (07) 3303 0624 or 0407 623 302
Email: info@mtisametals.com.au
Further information on Mt Isa Metals can be found on our website www.mtisametals.com.au
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Mt ISA Metals
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EXPLORATION STAGE |
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CODE : MET.AX |
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Mt ISA Metals is a exploration company based in Australia. Mt ISA Metals holds various exploration projects in Burkina Faso. Its main exploration properties are GREGORY PROJECT, NORMANTON, BOOMARA, ISA NORTH, LEICHARDT, TOOLEBUC (RECONNAISSANCE), CLERMONT (RECONNAISSANCE) and D-TREE WEST in Australia and BANTOU, NABANGA and KAMSONGO in Burkina Faso. Mt ISA Metals is listed in Australia. Its market capitalisation is AU$ 61.5 millions as of today (US$ 63.6 millions, € 51.3 millions). Its stock quote reached its lowest recent point on December 19, 2008 at AU$ 0.03, and its highest recent level on January 28, 2011 at AU$ 0.90. Mt ISA Metals has 157 738 302 shares outstanding. |