FOX BOARD GIVES HEAP LEACH PLANS THE GREENLIGHT & ANNOUNCES A RETURN TO PRODUCTION IN 2010 • Fox to return to nickel and copper production at Radio Hill • Using a low cost heap leach production alternative • The decision is based on successful column recoveries, high value end-products and very attractive cash flow projections • Aim of commissioning in the second half of CY 2010, with a minimum target of 5 years mine life • Snowden engaged to develop mine plans for heap leach material year two and
FXR Price at posting:
25.3¢ Sentiment: LT Buy Disclosure: Held
