rocketting/ koolan approval..read

MARKET TALK: Aztec Jumps 19%; Green Light For Koolan 24/04/06 10:19:00

1019 [Dow Jones] Aztec Resources (AZR.AU)jumps 19% to 22 cents on heavy
trading of 11 million shares. Fueling gain granting of mining lease covering
Koolan Island iron ore project, with AZR expecting project construction to start
within days. AZR also signs coexistence deed with native title claimants
Dambimangari people, which includes potentially beneficial labor force
agreement. Expected rise for benchmark iron ore prices can only enhance
economics of project. AZR July 2006 options (AZRO.AU) showing tidy 35% gain to
4.6 cents. (RCB)

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(END) Dow Jones Newswires
24-04-06 0019GMT
Copyright (c) 2006 Dow Jones & Company, Inc.(AP-DJ-04-24-06 0019GMT)