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reminder/zinifex, page-2

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    OOPS!!!! Here is the news grab.
    Headline News
    Smarttrans base metals JV with Zinifex
    By RWE Australian Business News, 08 Mar 2006


    Sydney - Wednesday - March 8: (RWE Australian Business News) -
    Smarttrans Holdings Ltd (SMA) has reached agreement in principle with Zinifex Ltd (ZFX) to enter a joint venture on Smarttrans' nine Base
    Metals tenements in the vicinity of Zinifex's Century Mine in
    Queensland.

    Under the terms of the proposed agreement, Zinifex can earn 70%
    equity in the tenements by expenditure of at least $10 million over 7.5
    years to the completion of a Bankable Feasibility Study.
 
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