INTERVIEW
WITH MANAGING DIRECTOR
MALACHITE RESOURCES NL (MAR) provides
the opportunity to listen to an audio broadcast with Dr Garry Lowder, Chairman and
MD and Boardroomradio
in a presentation titled "New Tin Discovery
at Elsmore Project".
To listen, simply click on the link below:
http://www.brr.com.au/event/44163
The presentation details are as follows:
- New Tin Discovery at Elsmore Project
- Presented by Dr Garry
Lowder, Chairman and MD
- Wednesday, April 02, 2008, 10.00 AM AEDT
For further information please visit
the Company’s website: www.malachite.com.au
or contact: Garry Lowder, Managing Director at (02) 9411 6033 or
0417 212 099,
or by email at: glowder@malachite.com.au
ABOUT MALACHITE
– Malachite Resources is a Sydney-based resources company
that listed on the ASX in November 2002 and is an active explorer for gold,
silver and base metals in eastern Australia. At the beginning of
2008 the Company had just over $7 million in cash and no debt.
The Company’s key assets are:
The CONRAD
SILVER PROJECT located in northern NSW, where the Company is
evaluating the scope to reopen the old Conrad
Silver Mine near Inverell. Conrad has had two previous periods of
production but has not operated for 50 years. Drilling at Conrad by Malachite
has intersected narrow high grade, massive sulphide, silver-rich base metal
veins, like those mined in the past, and wide zones of lower grade,
disseminated and stockwork veined, polymetallic mineralisation. Preliminary
economic modeling suggests that a mineral resource containing 25-30 million
ounces of silver equivalent would be sufficient to support reopening of the
Conrad Mine. To date a resource containing just over 10 million ounces of
silver equivalent has been defined.
The VOLGA
COPPER PROJECT in northwest Queensland,
east and northeast of Mt Isa, where the Company is exploring for copper-gold at
the Mt Lidster and Volga Elderberry properties. Drilling by
Malachite at Mt Lidster and by the current holders at Volga
has produced some very encouraging high grade copper intersections.
The TOOLOOM
GOLD PROJECT also in northeast NSW. Tooloom is a forgotten
goldfield rediscovered by Malachite where numerous prospects have been
identified, including a significant greenfields discovery called Phoenix.
The company is systematically exploring Phoenix
and the other prospects at Tooloom, which are intrusion-related and have major
ore potential.
Malachite also has excellent exposure to tin, through its ELSMORE Project, near Inverell in northern
NSW. The Company is considering the possible development of a small open pit
tin mine at one or more of several prospects known in the district.