WML 0.00% 0.2¢ woomera mining limited

Ann: Heritage Survey Completed on Musgrave JV Area, page-8

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  1. 1,306 Posts.
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    Joe
    they are Woomera's tenements, have been for years, OZL one of the largest mining companies have executed a joint venture whereby OZL will fund the whole exploration program. They are spending up to $7.5 mill for exploration, from there it depends on results.
    Could obviously be a much larger operation depending on results.
    The area the tenements are in have been locked up previously due to defense dept operations.

    OZL already have interests in the area that are prospective hence their desire to spend a lot of money on WML tenements.
    It's all there if you care to do some research.
 
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