announcement out

- 13 of the 40 holes have been drilled at Rawang
- "The first batch of samples has been dispatched to Intertek Caleb Brett Laboratories in Indonesia. Results from analysis will be made available in January, pending turn around time from the laboratory."
- Geophysical program has started at Kunyit Iron Ore Project. Expected to be completed in 3 weeks time.
- "The Kunyit Project has over 5 kilometres strike of prospective magnetite iron ore with three main prospect areas identified; namely Bukit 1, Bukit 2 and Bukit 3. Recent exploration has identified magnetite occurrences with assays up to 66.30%Fe."
- In relation to Kunyit the announcement says "The granting of a Mining License will allow Coziron to mine the deposit as soon as practical once economic and technical evaluations have been completed on site."

From what i can see there are a few things that stand out;
- Soil sampling at Kunyit has had high grade iron ore results just like Rawang (assays up to 66.30%Fe).
- they have sought a mining licence for Kunyit. I presume CZR would only do this if they were extremely confident a significant resource was there that could be mined !!
- They have signed an offtake agreement with Chinese iron ore importer, China Kingdom International Group (“CKI”). CKI also took a 5% stake in Coziron. I again presume CZR would only do this if they were extremely confident a significant resource was there that could be mined !!
- have the Inderapura Coal Project which i have been told will be announcing something shortly on it ie joint venture or something to that effect

So reading in between the lines i would say that CZR has a number of major projects which have "company making" potential...but as always DYOR