report, page-31

LOL...Just came across this catching up on some Robin Bromby reading...Robin's bored and going grey :)



"A long-term thing

SHARES in Anglo Australian Resources (AAR) rose 45 per cent to 4.5c on Wednesday on news that there were more high-grade copper-zinc intersections from its Koongie project 25km from Halls Creek in the Kimberley region. More than 100 million shares changed hands compared with 395,000 on the previous day.

The news certainly seemed impressive, including one assay at the Sandiego deposit being 71m long at 5.04 per cent copper, 7.69 per cent zinc, 68 grams/tonne silver and 0.43g/t gold. The company is promising a more comprehensive drilling report in July.

But just before we get too excited, it is worth pointing out that your correspondent's hair has gone grey in the years since he first reported on the Sandiego deposit at Koongie Park.

Oh, yes, here's one from this newspaper's edition of July 8, 1996: "Anglo Australian Resources NL and Lachlan Resources NL sent excitement through the base metals market with a report of high-grade intersections on their Koongie Park property."

It went on to report that a hole at Sandiego had returned 33 per cent zinc over 20.9m.

Lachlan was taken over in 2003 and pulled out of the project, but by 2006 we were on the job again, reporting that Koongie had been taken off the backburner due to rising metal prices.

It's a long-term thing, this exploring, isn't it?"

http://www.theaustralian.com.au/business/fertile-future-for-phosphate-and-potash/story-e6frg8zx-1225884964068