hi,
AUJ comes back on today at 1020 am after acquiring all the issued share capital in Hastings Rare metals Pty Ltd.
Some points worth emphasising in the announcement include...
? A JORC compliant resource of over 22 Mt (0.79% ZrO2, 0.31% Nb2O5, 0.023% Ta2O5,
0.10% Y2O3) comprising 8.83 Mt in the indicated category and 13.25 Mt in the
inferred category.
? The deposit is readily accessible, from surface, and open along strike and down
dip.
? An extensive drilling program is scheduled for March Quarter 2011.
One to keep an eye on taking into consideration there are only 41mill shares on issue
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