POST 2. 1. ACQUISITIONS. Nov 21, 2000: Acquisition of WMC`s Miitel Nickel Sulphide Mine (jv): http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=188036
July 19, 2001: Mincor to Acquire Wannaway Nickel Mine from WMC: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=199008
July 24, 2003: To acquire Widgiemooltha Tenements. A further announcement will be made in due course (none made sofar): http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=240831
Oct 6, 2003: Acquires Key Kambalda Nickel Rights: see also map: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=246069
Oct. 8, 2003: To acquire 100% of Miitel Joint Venture ($12 mill cash and 9 mill shares): http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=246280
2. EXPLORATION AND MINING. 2.1 MAIN MIITEL MINE. Nov 21, 2000: 0.933 mill indicated and inferred tonnage @ 4.14% Ni. http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=188036
Extract: Based on current Ore Reserves of 526,000 tonnes at 2.95% nickel, Redross will have a productive mine life of about four years, although recent drilling has demonstrated additional ore potential both below and to the north of the deposit. Exploration drilling is currently underway.
Nov. 17, 2003: First Blast at Redross: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=249857
Oct. 28, 2003: First Quarter Activities Report; to mine: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=248112
Extract: Mincor agrees to acquire a package of tenements with gold rights attached, covering almost the entire Widgiemooltha Dome – substantial gold exploration programme planned on completion of settlement. Gold and nickel exploration drilling commences on Mincor’s Tramways tenements, south of Widgiemooltha.
2.5: MARINERS: Oct. 28, 2003: First Quarter Activities Report; http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=248112
Jan. 28, 2004: To mine: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=254172
2.6: SOUTH MIITEL. Nov. 18, 2003: Exploration success at South Miitel: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=249953
2.7 NORTH DORDIE. The North Dordie open pit opportunity is the only one of the original five projects covered by Mincor’s Nickel Expansion Strategy for which a development decision has not yet been made. The feasibility study that was completed in early 2003 is being re-evaluated in the light of current nickel prices.
July 18, 2001: Reko Diq - Scoping Study Demonstrates Project Viability (3 parts): http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=198934
Sept. 17, 2003: Upgrades Reko Diq Copper Potential ahead of TCC Spin-Off: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=244622
Oct. 16, 2003: Notice to Part. Org.: Return of Capital via In Specie Distr. There was the successful spin-off of Tethyan Copper Company Limited (TYC); an effective return to shareholders of over 22 cents per Mincor share at current prices: http://stocknessmonster.com/news-item?S=MCR&E=ASX&N=246907
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
END
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held