AUQ 9.43% 4.8¢ alara resources limited

Ann: Legal Update - Khnaiguiyah Zinc Copper Project, page-112

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    TZN $260m vs AUQ $10m

    TZN corporate structure is different to AUQ with most shares held by Chinese co. and banks.
    Terramin holds a 65% shareholding in WMZ.
    Tala Hamza Zinc Project in Algeria.
    The Tala Hamza deposit holds a Resource of 68.6Mt (Measured, Indicated and Inferred) at 4.6% zinc and 1.2% lead at a cut off of 2.5% zinc equivalent (inclusive of Probable Reserve).
    The Project is significant with potential to be one of the top ten zinc producers in the world.
    Exploration licence only. No DFS. IP to some sort of minerals processing tech.

    Alara (2 projects ready to go - Saudi Arabia plus Oman)
    Khnaiguiyah Zinc-Copper Project (Saudi Arabia). 60 or 70% held by Alara.
    DFS. Mining licence issued but to the wrong company! Apparently being sorted.

 
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