50% of the world's known sapphire reserves are contained in Madagascar
the next few months looks to be very busy for CFR with 3 projects due to get underway ,
MADAGASCAR WORK PROGRAM
project 1... Ihosy Gold
Subject to the weather Cluff anticipates that work on the ground will commence in February 2011 and will take 2 to 3 months to complete including the analysis.
Project 2 Ihosy Gemstones
Subject to the weather Cluff anticipates that work on the ground will commence in February 2011 and will take 3 months to complete including the analysis
Project 3: Ranopiso Gold & Platinum
Subject to the weather Cluff anticipates that work on the ground will commence in February 2011 and will take 3 to 4 months to complete including the analysis
CFR Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held