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PURCHASE OF MT LUCKY MANGANESE TENEMENTS
Minara Resources Limited announces the purchase by the Murrin Murrin Joint Venture (Minara share 60%) of the Mt Lucky manganese tenements near Laverton, Western Australia from Crescent Gold Limited for A$3 million.
The purchase comprises two mining leases and one exploration licence. The purchase remains subject to ministerial consent.
This acquisition will provide Murrin Murrin with a source of manganese mineralisation which enhances the processing of nickel sulphide ore and nickel sulphide concentrate through the high-pressure acid leach circuit.
Peter Johnston
Managing Director & CEO
10 August 2010
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