MZI 0.00% 1.6¢ mzi resources ltd

news coming?

  1. sle
    10,717 Posts.
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    Let's hope this disappointing stock may finally have it's day!!

    Start-up of mining at Lethbridge South planned for early 2011 after all approvals are finalised.
    Lethbridge South will produce approximately 25,000 tonnes of concentrate over a six month period.
    Gross sales revenue is expected to be AUD $12 million -$16 million.

    Also,

    Scout drilling has been carried out at One Tree Point which has identified a large low grade deposit with the potential to support a 2-3 year mining operation.

    Matilda will drill this over Nov/Dec 2010 to bring this deposit to a Inferred/Indicated resource status.

    And,

    Major Leucoxene / Zircon deposit situated 70km south of Perth
    ?
    Resource will support an 8 year mine life mining at 600 tph
    ?
    Has environmental approval from the W.A. Minister for the Environment
    ?
    Currently seeking Development approvals, decision expected 1st Quarter 2011
 
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Currently unlisted public company.

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