news articles, page-11

rowser, why do you bother to post when you don't have a clue what you're talking about. Why would IRL want to spend money to buy a proven resource?

IRL already has many exploration projects
(1) Aravalli.....
exploration target for this project in the range of 95-135 million tonnes at between 2.2 to 4.5% zinc, 0.7-1.8% lead

http://www.indiaresources.com.au/exploration/aravalli-base-metals.html

(2) Diamonds (Bhandara and Dharwar Projects)

IRL strategic interest in diamonds is underpinned by the fact that India has the world’s biggest diamond processing industry and major diamond companies including De Beers, the world's biggest diamond miner are active in the country and has an active exploration program underway on ground adjacent to one of India Resources’ tenements.

There are two diamond projects in the joint venture of IRL’s diamond projects with, a private Indian diamond company, Vajra Diamond Mining Private Limited (Vajra). The diamond projects are the Bhandara and Dharwar Projects located in three established diamond-bearing kimberlitic fields in peninsular India.

http://www.indiaresources.com.au/exploration/diamonds.html

(3) Askot Project
Pebble announced in the 2010-2011 year a 37% increase in Resources. The Askot Project now has a (N43-101 and JORC compatible) Resource1 of 3.06 million tonnes at 1.91% Cu, 4.7% Zn, 3.5% Pb, 0.35 g/t Au and 37.71 g/t Ag at a net smelter revenue cut off of $US100 per tonne (average $US250 per tonne).

http://www.indiaresources.com.au/exploration/askot-project.html

(4) Copper in Jharkhand, India

There are several areas of old workings, closed down mines and opportunities that potentially, using modern exploration techniques further copper mineralisation maybe discovered. IRL is has begun building a portfolio of copper projects along the Singhbhum Copper Belt. Part of this is the Badiya Copper prospect.

IRL has already made an application for Badiya.

http://www.indiaresources.com.au/exploration/copper.html


rowser you will be surprised by IRL in 2014, why don't you come over again this time next year with your 'tail between your legs'.