Today's announcement says that exploration in our mid west tennament (Mullewa) has now minimized and that they have now moved on to analysing the data with view to a project.
MGX have been drilling on our tennament near Mullewa for the past few years.
It is great news to learn in today's announcement that those results are good enough to now be looking at a project . . . which will tie in nicely with the expansion of Geraldton Port and the continued expansion of our investment in New Haul which can truck ore from Mullewa to port for 6 cents per km per tonne, which is cheaper than using the rail as we have done in the past.
Ann: Noosa Mining Investment Conference Presentation, page-33
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