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0.52% $1.95 metrics real estate multi-strategy fund

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  1. drgonzo148
    160 Posts.
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    10/08/10
    14:14
    Post #: 7002909
    PURCHASE OF MT LUCKY MANGANESE TENEMENTS
    Minara Resources Limited announces the purchase by the Murrin Murrin Joint Venture (Minara share 60%) of the Mt Lucky manganese tenements near Laverton, Western Australia from Crescent Gold Limited for A$3 million.
    The purchase comprises two mining leases and one exploration licence. The purchase remains subject to ministerial consent.
    This acquisition will provide Murrin Murrin with a source of manganese mineralisation which enhances the processing of nickel sulphide ore and nickel sulphide concentrate through the high-pressure acid leach circuit.
    Peter Johnston
    Managing Director & CEO
    10 August 2010
    Contact
    MRE Price at posting: 83.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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