WMT western metals limited

highlights of ann

  1. 1,415 Posts.
    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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