Prosperity Resources LimitedFAT-MIN-258 27 Jan 2011Prosperity...

Prosperity Resources Limited
FAT-MIN-258 27 Jan 2011
Prosperity Resources continues to expand the exploration resource at its Aceh gold and copper project in Indonesia. The company has had success in defining and growing the known mineralisation with exploration activity. Prosperity has consolidated its physical interest at Aceh with the granting of new Izin Usaha Pertambangans (IUP) by the Indonesian government and the conversion of existing licences to IUPs. An IUP is translated as a permit to do the business of mining. The company now has exposure to some 41,000 hectares in the Aceh province on the northern tip of the Island of Sumatra.
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