
October 2005Nickel hedging retired with |
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November 2005Drilling validates West Whundo as the Company’s new copper project. |
January 2006Option conversion with 97% take-up resulted in receipt of $2.75million |
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February 2006Ayshia deposit returned significant |
April 2006Radio Hill mill crushing circuit upgrade completed and commissioned with crushing capacity up to 500,000 tpa. |
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May 2006Jinchuan Group Ltd agrees to |
June 2006Radio Hill Mill upgrade successfully completed including the addition of a tertiary VSI crusher, flotation cells and magnetic separator. |
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June 2006First copper concentrate shipped to Jinchuan Group Ltd, taking advantage of the record high copper prices. |
June 2006Target resource statement released stating a firm 12 months of copper production with an indication of a reserve increase for a further 2 years through mine extension drilling. |
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