yes its going but where to and what next, page-2

D Tree West Phosphate Project would be a good place to start IMO


From the website: http://www.mtisametals.com.au/

"The companies initial focus will be step out drilling to extend the resource base and on the review of commercial opportunities"

The 237km2 Exploration Permit encompasses the companys D�]Tree West Phosphate Project which includes a significant phosphate occurrence �] Inferred Mineral Resource totals 170Mt @ 16% P2O5 (10% P2O5 cut�]off
grade).

Mr Peter Spiers, Managing Director of Mt Isa Metals, said that �gthe significant increase in the global phosphate price has created very strong international interest in the development of substantial phosphate deposits in the Georgina Basin such as D�]Tree West�h.

Mr Spiers also added �gour first priority at D�]Tree West is to complete a preliminary scoping study to quantify the economic significance of the project, to assess the range of possible future production rates, and to define our immediate work program. Grant of the tenement, along with Native Title Access Agreements that we have already concluded, now also clears the way for Mt Isa Metals to commence field work at D�]Tree West�h