fraser west tenement deal with regency mines, page-45

RMR worthh a punt. Also have a look at AAQ.

SIR was the first chapter, BUX the next and AAQ and RMR will follow.

Good chance to get an early position.

AAQ Strategic Acquisitions in Prospective Albany- Fraser Area
Highlights:
? AAQ to acquire two substantial tenement packages in the prospective eastern Albany-Fraser orogen in Western Australia
? The Albany-Fraser orogen is highly prospective terrane (hosting deposits such as Tropicana and the newly discovered Nova mineralisation) but poorly explored region due to its relative remoteness, very limited outcrop and paucity of known deposits
? Plumridge Project
o 831km2
o covers rocks prospective for both gold and nickel (same tectonic zone as Nova discovery)
o extensive geological database including drilling:
? 23,399m RC percussion, 57,627m aircore and 435m core drilling
o 90km south of Tropicana Gold Project (88.3Mt at 2.3g/t Au for 6.41Moz Inferred, Indicated and Measured Resources)
? Fraser Range Project o 1,296km2
o untested conceptual targets in an unexplored area
o potential to host gold as well as range of other commodities
? High impact drilling campaigns to commence in Q1 2013
? Experienced board and management team to be appointed subject to successful completion of acquisition
? International Goldfields Limited (ASX:IGS) to become cornerstone shareholder
? Company name change to FRASER RANGE METALS GROUP LTD