| Risk and valuation analysis of the SPINIFEX RIDGE Project |
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| Title(s) of the SPINIFEX RIDGE Project |
 | Moly Mines Ltd.
Owner: 90% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| On April 1, 2004, the Company, through Moly Metals, entered into an option agreement (the “Option Agreement”) with Kallenia Mines Pty Ltd. (“Kallenia”), an arm’s length party, to acquire an initial 5% interest in the Spinifex Ridge Project at a cost more... |
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| Location of the SPINIFEX RIDGE Project |
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The Spinifex Ridge Molybdenum / Copper Project is located approximately 50 km northeast of the town of Marble Bar and 140 km east-southeast of the town of Port Hedland in the East Pilbara Shire of Western Australia.
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| History of the SPINIFEX RIDGE Project |
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The deposit was discovered more than 35 years ago and the area was explored by a succession of international companies through to 1991.
The Spinifex Ridge Project lay dormant from 1991 until Moly Mines became involved in 2004.
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