overlooked and great potential

Hi All,

Buoyed by ARV's success, Ive decided to add 500,000 SRZ to my portfolio.
SRZ is currently drilling at its Sunshine Gold Project (100% owned) located near Tarcoola in SA. Work to date
indicates similarities to and prospectivity for
Challenger-style gold mineralisation. There is a significant gold-in-calcrete geochemical anomalism of equivalent grade and size to that at Challenger. Results here are likely to be released in Sep 09. Positive results might push the sp up rapidly as its capitalised a little over $4 million at present.

SRZ has 2 more advanced projects:
SRZ also owns the Tarcoola Iron Ore Project (100% SRZ)located within 10km of the Trans-Australian Railway provides an advantage relative to other projects in the area.Drilling to date demonstrates the potential to
host a significant magnetite iron resource amenable to open cut development.Preliminary metallurgical testwork indicates excellent recoveries to a saleable concentrate. The target is 500 million tonnes.
Interest in the Tarcoola project from Chinese steel mills continues. One particular group completed metallurgical tests and confirmed that a satisfactory product can be produced from the mineralisation.

It also has the high grade Heemskirk Tin Project (60% SRZ).
Pre-JORC historic resource (43,700t of contained tin, 3.6 million tonnes at 1.21%) defined by a previous owner and potential for significant
resource expansion. Located in NW Tasmania, a mining-friendly region with high quality infrastructure and
host to a number of world class tin and
base-metal operations.

Other Projects
Diversified suite of other exploration tenements, including possible significant coal in the Arckaringa Basin. Robin’s Rise – South Australia – SRZ 100%. This tenement contains the Penrhyn coal deposit, one of a number of sub-bituminous
deposits within the Arckaringa Basin. The South Australian Department of Primary Industries and Resources (PIRSA) carried out very limited drilling (6 holes) and estimated
that there was potential for 700 million tonnes of coal, located adjacent to the Adelaide- Darwin railway.

Felix Coal owns the adjacent Lake Phillipson deposit, and considers that it would be suitable for local power generation. In addition, Linc Energy (ASX;LNC) are looking at testing underground coal gasification and gas to liquids processing over their Arckaringa Basin tenements that were obtained through their 2008 merger with Sapex.

SRZ has 94.8 million shares and $1.8 million cash as well as 11 per cent of Uranium SA (USA)woth $1 million at current prices. SRZ has a market cap of just over $4 million. With substantial interest shown by Chinese steel firms it might not be long before an agreement is reached.
The tin project also offers strong upside potential and the Robins Rise Project adjacent to Felix's Lake Phillipson deposit offers blue sky potential. The Sunshine Gold Project is currently being drilled and I await the results with excitement.
Any comments?
DYOR