News: OZL OZ Minerals updates on Carrapateena Copper-Gold Project

Feb 26 (Reuters) - OZ Minerals Ltd (OZL) :

• Carrapateena announcement and presentation (OZL)
• Have identified a stand-out option that we expect will bring hundreds of jobs to the region"
• Plans to accelerate planning for carrapateena copper- gold project in south Australia adding a projected A$150 million in average annual cashflow by 2019
• Once in full production, carrapateena should make a timely contribution to the south Australian copper strategy"
• Commit approximately $20M in 2016 to complete substantial work already undertaken including pfs, drilling activities and permitting activities"