Gold Anomaly Ltd.

Published : August 15th, 2008

Purchase of Croydon Accommodation Units/Cleansing Notice

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PURCHASE OF CROYDON ACCOMMODATION UNITS
& CLEANSING NOTICE
15 August 2008

 

PURCHASE OF CROYDON ACCOMMODATION UNITS

Gold Aura Limited ("the Company") has purchased two transportable accommodation units (which accommodate a total of eight people) for use in connection with exploration at the Company's Croydon Zinc Project.  Under the terms of the acquisition, rather than paying cash for the units, the Company has issued 1,300,000 shares in the Company to the vendor of the units and will also, subject to shareholder approval, issue 650,000 options (expiring 31 March 2009 with an exercise price of $0.13 per option) to the Vendor.  (The options will be subject to the same terms as the Company's options currenty quoted on the ASX).

The units will be used to accommodate the driling crews on site at the Company's Croydon Zinc Project.  Apart from conserving cash and providing more cost effective accommodation, the acquisition will significantly reduce travelling time compared to the 50 km each way previously travelled ex-Croydon township, with the added bonus of providing an additional 2 hours drilling time per shift or a total of 4 hours per day.

 

CLEANSING NOTICE

The Company has issued the 1,300,000 to the Vendor today.

Accordingly, the Company gives notice under section 708A(5)(e)i) Corporations Act 2001 (Cwth) that:

1.  the 1,300,000 shares were issued without disclosure to investors under Part 6D.2 Corporations Act

2.  as at the date of this notice the Company complied with:
(i)  the provisions of Chapter 2M Corporations Act as they apply to the Company; and
(ii) section 674 Corporations Act; and

3.  as at the date of this notice there is no information to be disclosed which is "excluded information" as defined in subsection 708A(7) Corporations Act that is reasonable for investors and their professional advisers to find in a disclosure document.

 

ABOUT GOLD AURA

GOA�s principal activity is the global exploration for world class mineral resources. Its current focus is directed towards follow-up investigations of the newly discovered zinc dominant and copper dominant, mineralised zones at Croydon, North Queensland, the BacTech funded exploration program at Fergusson Island in PNG and the commencement of exploration at Sao Chico in Brazil.



For further information please contact;
Ken Chapple,
Managing Director
+61 7 3833 3833 Mb 0418 758 301
or visit Gold Aura's website at
www.goldaura.com.au.

 

The information contained in this report relating to exploration results is based on information compiled by Mr Ken Chapple, Managing Director of Gold Aura Limited.  Mr Chapple is a Member of the Australasian Institute of Mining and Metallurgy and has the relevant experience in relation to the mineralisation being reported upon to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results,  Mineral Resources and Ore ReservesMr Chapple consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

 


This email was sent by Gold Aura Limited, Level 6 / 200 Creek Street, Brisbane, Australia 4000 to .com




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Gold Anomaly Ltd.

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CODE : GOA.AX
ISIN : AU000000GOA1
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Gold Anomaly is a gold exploration company based in Australia.

Gold Anomaly holds various exploration projects in Australia.

Its main asset in development is SÃO CHICO in Brazil and its main exploration properties are FERGUSSON ISLAND and CRATER MOUNTAIN in Papua New Guinea and CROYDON in Australia.

Your feedback is appreciated, please leave a comment or rate this article.
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