>>hot tip for hot copperites<<, page-18

re: >>hot tip/old reminder< From Barry Fitzgerald Age resource editor (FML was ATX)

Austminex is expected to be looking for about $8 million, which should see it through the next three years with its plan to become a 100,000 ounce-a-year producer from its Coolgardie interests, topped up with a higher-grade feed source from its The Mount project, 90 kilometres to the south.

Canadian mining interests share the vision, with Matador Exploration earmarking $8 million over three years for exploration/development work to earn a 50 per cent interest. Like Austminex, the Canadians like the fact that after a century of piecemeal ownership history, the Coolgardie field has finally been brought under the one umbrella. The potential for exploration success below the shallow focus of the past also excites them.