POZ 0.00% 6.0¢ poz minerals limited

very interesting, might get a surprise one day

  1. 8,347 Posts.
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    bit of info in half yearly report

    Capital requirements for a slurry pipeline at around A$240 million have lead the Company to search for a strategic partner to assist with the development of the project. As part of this process, beneficiated rock phosphate samples have been dispatched overseas and due diligence enquiries undertaken. Samples have been sent to potential project partners for independent quality testing. There can be no assurance that a binding proposal will emerge from this search process.
    As a result of this promotional and marketing activity the Company is examining in detail a number of options for taking the project forward in conjunction with potential joint venture partners. In mid-January, a helicopter-supported inspection of the Highland Plains project was undertaken as part of a technical audit of the project by an interested party.


    also

    Tuckanarra Gold Project (continued)
    To the end of February 2012, the results for the first drilling program at Tuckanarra have been released. 16 holes for 1,635 metres of reverse circulation drilling were completed. Results included highly encouraging intersections of 28 metres at 6.7 g/t Au from 25 metres and 20 metres at 2.1 g/t from 70 metres.
    The Company is currently receiving the results for the second program of 5,062 metre of aircore drilling.
 
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Currently unlisted public company.

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