The Company’s exploration program continues on schedule with ongoing drilling at Brunswick Junction during the March Quarter. Assays have returned excellent grades and widths of mineralisation, providing further support for the Company’s objective of developing a high-grade DSO bauxite export business later this year.
As at 31 March 2009, Bauxite Resources Limited (BRL) has 65 tenement licenses, 3 granted and 62 in application, covering 12,200km2 of highly prospective bauxite ground in the WA Darling Ranges and 1,270km2 in the Kimberley.
etc etc
Important stuff. On the cusp of a breakout.
Lets see 2nd half 2009 brings.
BAU Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
