from ABY presentation today p.33MaroochydoreScoping study...

from ABY presentation today p.33

Maroochydore
Scoping study commissioned
• Covers geological
review, processing and
metallurgy mine design


EXCELLENT NEWS FOR MUR, WHICH IS 50% BENEFICIAL OWNER...

Maroochydore located 100km south of ABY Nifty mine.
• Near surface resource of 50Mt @ 1%Cu, oxide and supergene.

The ABY annual report on 6/7/07 states:
"A total mineral resource of approximately
51mt at an average grade of 1.0% copper (at
a cut–off grade of 0.5% copper) and 0.04%
cobalt has been defined at the Maroochydore
deposit.

VALUE TO MUR IS OVER $3 billion at current prices. It is already JORC compliant. The MUR market cap is a tiny $50M.