AAR 3.70% 13.0¢ astral resources nl

Koongie Park (Base Metals - ZINC / COPPER)

  1. 50 Posts.
    Most posters are here for the GOLD potential of AAR at Feysville and Koongie Park which this week drilling demonstrates there is lot to be excited however AAR has given a few hints of their known ZINC & Copper resources and was highlight in the recent Presentation.

    From the 15th August Announcement AAR made mention

    'It is currently a good time to aggressively to pursue efforts in relation to monetisation of the Koongie Park Base Metals Project. Based on the current base metal prices and exchange rate the companys copper-zinc rich Sandiego Deposit alone contains a resource with a saleable value in the order of approximately $500 million'.

    Then in the annual report from last week it was again mentioned

    Lot of companies looking for COPPER and a few now looking for ZINC, AAR already has ZINC and COPPER resources
 
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