PELICAN WINS BALLOT FOR MIDWEST IRON ORE TENEMENT The Directors are pleased to announce that the Company through its wholly owned subsidiary Sunrise Exploration Pty Ltd (Sunrise) has secured priority exploration licence application E59/1475 comprising approximately 450 ha in the Yalgoo region of Western Australia. The property lies approximately 20 kilometres north of Golden Grove and covers part of the banded iron formation south of Yalgoo. Sunrise will evaluate the extent of the iron ore mineralization on the project area during the coming quarter. For further information: Dr John Hills Managing Director Telephone: 9321 9618 Facsimile: 93212344 E-mail: jhills@pelicanresources
PEL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held