ASX ANNOUNCEMENT
10 October 2007
Exploration Update
Highlights
♦ Drilling re-commences at Mtonya Project for
the 3rd Drilling Programme
♦ Detailed helicopter radiometric survey
identifies further uranium exploration targets
at the Ruhuhu Project
♦ Western Metals earns 40% interest on
Tanzanian farm in properties
♦ Drilling contract signed for upcoming
November Drilling Programme in Colorado
USA
♦ Mr. Richard Lindsay – Appointed as Senior
Project Geologist
what caught my eye:
Glade Uranium Project (USA)
"Western Metals has increased its ownership of the project from 52% to 60% based on
expenditure since entering the JV."
a small plus.
and:
Queen Hill Tin Project (Australia)
The Board of Western Metals has resolved to divest its 60% interest in the Queen Hill Tin
Project. Prime Corporate Finance (“PCF”) has been awarded the role of facilitating the
sale.
interesting...
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