SIGNIFICANT HIGHLIGHTS POST-QUARTER END;
Oceanwide International Resources Investment Co. Ltd (Oceanwide), Receive Foreign Investment Review Board (FIRB), Approval to Increase their Shareholding in CuDeco to 19.9%
General Meeting Held at Gold Coast 6th July - Shareholders Approve Issue of New Shares to Oceanwide at $3.80 per share
High-grade Gold, Silver, Tellurium and Uranium continue to be intersected at Wilgar Prospect
New Zones of Copper Mineralisation Discovered Adjacent to Northern Siltstone and Las Minerale Orebodies
QUARTER HIGHLIGHTS;
Rocklands Resource Update - 30.3 Mt @ 1.70% CuEq (1.14 billion pounds CuEq)
Major Goals Achieved in Phase-2 Bulk Sample Testing of Rocklands Ore - Single Circuit Flow-Sheet Confirmed to Efficiently Treat All Rocklands Ore Types - Average Head Grade for All Ore Types (Phase 2) = 3.95% CuEq
High Grade Gold Intersected at Wilgar, with Visible Gold and Possible Tellurides Recorded in Diamond Drill Core - Bonanza Gold Grades up to 655g/t
Bedrock Drilling Doubles The Footprint of Exotic and Precious Metals at Wilgar with Assays up to 173g/t Silver, 15.6g/t Gold and 6260ppm Molybdenum
Off-take Agreement for Sale of Mineral Concentrates from Rocklands Group Copper Project Completed with China Oceanwide International Holdings Co. Ltd (China Oceanwide), and Oceanwide Subscribes for Shares in CuDeco to the Value of A$130 Million
Construction of New Sealed Bitumen Road Linking Rocklands Group Copper Project to Cloncurry
Oceanwide Applies to the FIRB to Increase Their Shareholding in CuDeco to 19.9%
CuDeco Enters Into Memorandum of Understanding to Lease up to 900 Hectares to Construct a Multi-user, Multi-purpose Rail Load-out Facility Close to Cloncurry
Exploration Drilling of Potential Mineralised Structures
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