MRE 1.52% $1.94 metrics real estate multi-strategy fund

PURCHASE OF MT LUCKY MANGANESE TENEMENTSMinara Resources Limited...

  1. 160 Posts.
    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
 
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