option to acquire new chrome project

In case you missed the announcement of 30/1/06 this extract from the announcement should keep the level of interest high.



""Chrome Corporation also wishes to announce that it has secured an exclusive three month option to acquire a 74% interest in the prospecting rights on three farms in the Eastern Bushveld (Waterkop 113 KT, Zwartkoppies 413 KS and Moeijelijk 412 KS), all located in the Limpopo Province of South Africa. The chromite mineralisation on these farms occurs in the same highly sought after LG6 seam that is present at the company’s Ruighoek Mine in the Western Bushveld. The vendor for these farms is a black empowered entity and is not related to the BEE for Ruighoek. The option is subject to a due diligence period by Chrome with a AUD$200,000 exclusivity fee payable (half up front, half upon the formal granting of the relevant prospecting licences). Chrome looks forward to progressing with its due diligence on the Chrome farms and believes that it is well placed to proceed with the acquisition once due diligence is completed.""