FXR fox resources limited
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fox announces a return to production

  1. greyhoundtrainer
    3,803 Posts.
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    01/12/09
    10:35
    Post #: 5985487
    FOX BOARD GIVES HEAP LEACH PLANS THE GREENLIGHT &
    ANNOUNCES A RETURN TO PRODUCTION IN 2010
    • Fox to return to nickel and copper production at Radio Hill
    • Using a low cost heap leach production alternative
    • The decision is based on successful column recoveries, high value end-products
    and very attractive cash flow projections
    • Aim of commissioning in the second half of CY 2010, with a minimum target of 5
    years mine life
    • Snowden engaged to develop mine plans for heap leach material year two and
    FXR Price at posting: 25.3¢ Sentiment: LT Buy Disclosure: Held
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