This could be handy as a JV for EXS as it could, together with their northern ten ements, offer the possibility of a northern processing centre.
Perilya assessing Mt Oxide offers
28th July 2008, 13:45 WST
Perth-based Perilya is assessing a number of expressions of interest from overseas and local companies for work on its Mount Oxide project.
Company chairman Patrick O'Connor said the offers, which ranged from potential joint ventures to the outright purchase of the Queensland copper and cobalt project, were reflective of higher copper prices.
“The expressions of interest will be considered by Perilya during this quarter,” he said.
The project contains a resource of 15.5 million tonnes at grades of 1.3 per cent copper, 0.05 per cent cobalt and 9 grams of silver per tonne.
EXS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
