D UNDER BUDGET FIRST “SHOT” (BLAST) IMMINENT HIGH-GRADE COPPER PRODUCTION IN INITIAL YEARS OF MINING Development of the Rocklands Group Copper Project, located just outside the major regional township of Cloncurry in Queensland, Australia, is advancing on schedule and under budget. Blasting activity is scheduled to commence mid-week this week, just 3 months after preliminary mine and infrastructure development work commenced at the Rocklands site, and will mark a major milestone in the Company’s transformation from explorer to miner. Safety at any mine site is critical, and to this end the Company is pleased to announce that to date there has been zero Lost Time Incidents (LTI’s) recorded for major development earthwork activities at Rocklands, and the Project Maintenance team is currently approaching 1.5 years accident free!
CDU Price at posting:
$3.73 Sentiment: Buy Disclosure: Held