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July 5 (Reuters) - Austral Resources Australia Ltd (AR1) :...

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    05/07/23
    10:10
    Post #: 68626495

    July 5 (Reuters) - Austral Resources Australia Ltd (AR1) :

    • AUSTRAL TO REPLACE MINED ORE AT ANTHILL
    • ANTHILL CONCEPT MINING STUDY CMS POTENTIALLY ADDS REVENUE OF A$100 TO A$120 MILLION FROM ANTHIL
    • CONSOLIDATING CMS FROM ANTHILL WILL POTENTIALLY INCREASE ANNUAL COPPER PRODUCTION BY 25,000 TO 30,000 TONNES
    • NO CERTAINTY THAT FURTHER EXPLORATION WORK WILL RESULT IN UPGRADE TO A DETERMINATION OF INDICATED MINERAL RESOURCES
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