Copper Range Ltd (Copper Range) (ASX: CRJ) is pleased to announce that through its wholly owned subsidiary, Copper Range (SA) Pty Ltd, it has earned its 50% interest in the metal rights under its farm-in agreement with Flinders Mines Ltd’s (ASX:FMS) covering their Adelaide Fold Belt (AFB) tenements.
Since the commencement of the farm-in agreement in March 2007, Copper Range has spent in excess of $1 million on exploration, including drilling. Flinders Mines Ltd has acknowledged that Copper Range has earned a 50% interest in the metal rights. Copper Range’s interest will be registered against the tenements.
Hthe case shldnt FMS be putting out an announcement also
more iron ore, page-6
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