anyone like this one?

  1. 5,881 Posts.
    WML Westcoast Mining Limited

    Market Capital $5 million

    Westcoast Mining Limited (WML) is a gold exploration and development company focused solely on the Tuckabianna belt in Western Australia.

    Name Position Name Date Appt

    Mr Mike Collings CEO, Executive Director --

    Mr Michael Hardy Non-Executive Director --

    Mr David James Humann Chairman --

    Mr Stefan Saw Non-Executive Director --

    Dr Ron Thom Non-Executive Director

    http://www.westcoastmining.com.au/

    SECOND QUARTER ACTIVITIES REPORT - 30/01/2004

    "The programme is expected to take about 3-4 weeks to complete, and is designed to increase the existing known resource of 168,000 tonnes at 6.5 g/t (35,225 oz) Au, as well as to explore for further targets in the area."



    Listed on ASX 12/11/2003

    Focused gold explorer, Westcoast Mining Limited lists today (Wednesday, 12 November 2003) after successfully raising $5.170m, including $0.170m in oversubscriptions.

    The company has approximately 44.5m shares on issue, with 25.85m shares taken up by the public through the Prospectus dated 23 September 2003.

    Westcoast controls about 330km2 of contiguous mining and exploration tenements in the Tuckabianna Greenstone Belt, located about 25km east of Cue in Western Australia. From the 17 mines located within the tenements now held by Westcoast, a total of 454,000oz of gold has been produced since

    1:3 non-renounceable rights issue of options to shareholders. The options will be issued under a prospectus for $0.005 per option with an exercise price of $0.20 on or before 31 October 2006.
 
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