Altona Mining Limited: Quarterly Report March 2017

Altona Mining Limited: Quarterly Report March 2017

ID: 539000

(firmenpresse) - Altona Mining Limited: Quarterly Report March 2017

28 April 2017

SRIG Transaction Nearing Completion

- SRIG transaction: Altona and Sichuan Railway Investment Group (SRIG) have agreed, subject to conditions, to form an incorporated joint venture such that SRIG, through its subsidiary, China Sichuan International Investment (CSII), will contribute US$213.53 million (A$283 million*) cash to the Cloncurry Project. SRIG will have a 66% interest and Altona a 34% interest in the joint venture company.

- Extension to closing date: The parties have agreed that the Subscription Deed must be executed before 30 June 2017 and the transaction must close before 31 July 2017.

- SASAC approval: SRIG has advised that the principal Chinese regulator, the State-owned Assets Supervision and Administration Commission of the State Council of the Sichuan Province of the Peoples Republic of China (SASAC) has provisionally approved the transaction.

- FIRB approvals: SRIG/CSII have advised that its application for approval to the Australian Foreign Investment Review Board (FIRB) has been made. Unless an extension is requested, the outcome will be delivered in May.

- Other SRIG approvals: SRIG/CSII have advised that the Sichuan Provincial Government approval process is still in progress.

- Bedford Resource: A new resource estimate for the Bedford deposit was released. The global resource for the Cloncurry Project now contains 1.67 million tonnes of copper and 0.43 million ounces of gold

- Cash Balance: At 31 March 2017 Altonas cash balance was A$37.2 million. Altona has US$23.6 million which was purchased at an average rate of AUD:USD of 0.754. This US dollar holding is to hedge Altonas contribution to the SRIG JV which is denominated in US dollars. The movement in cash holdings reflects, in part, exchange rate movements.

* Assumes AUD:USD of 0.754

ASX Releases




Altona lodged nine ASX releases relating to its activities since the last Quarterly Report. These announcements provide a more detailed description of activities than this report.

25/01/201Update on Cloncurry Project Transaction
7

31/01/201Quarterly Reports - December 2016
7

13/02/201Chinese Regulator SASAC Approves Cloncu
7 rry
Transaction
14/02/201Cloncurry Project Transaction Update
7

16/02/201Appendix 3Y Notice
7

20/02/201Response to ASX Appendix 3Y Query
7

22/02/201Report for the Half Year Ended 31
7 December
2016

09/03/201Cloncurry Project - Bedford Resource
7 Upgrade

16/03/201Cloncurry Project Approvals Status
7

SRIG Joint Venture Transaction

Altona has agreed the form of binding agreements with SRIG to create a joint venture to build a new copper-gold mine at Altonas Cloncurry Project located in north-west Queensland. A joint venture company, Roseby Copper Pty Ltd (JVCo) will hold the Cloncurry Project.

JVCo intends to develop a 7 million tonne per annum mine and processing plant for an annual production of 39,000 tonnes copper and 17,000 ounces gold over an initial mine life of 13 years.

SRIG to invest via Hong Kong subsidiary

JVCo will own 100% of the Cloncurry Project. SRIG has advised that CSII, a Hong Kong company with US$200 million issued capital (cash) will be the party investing in JVCo. CSII intend to raise further capital to support the Cloncurry investment and other opportunities.

CSII is 50% owned by SRIG and 10% owned by SRIGs Shanghai listed subsidiary Sichuan Road and Bridge. The other shareholders are State owned enterprises from the Province of Sichuan; Sichuan Huashi Group (20%), a construction company and Chengdu XingCheng Investment Co Ltd (20%), a land development company.

CSII is the first overseas investment company formed by state-owned enterprises of Sichuan Province. The JV subscription agreement envisages that SRIG will guarantee the performance of CSII.

On closing, CSII will make a cash contribution of US$213.53 million to JVCo and will own 66% of JVCo. Altona will contribute US$25 million to JVCo and Altona will own 34% of JVCo.

Altona can meet its obligation to contribute US$25 million from its cash balance. Some US$23.6 million has already been purchased. Expenditure incurred by Altona under an agreed work programme has been agreed to be increased to up to US$3.10 million and will be offset against this obligation. Expenditure to date is estimated at A$4.58 million.

To effect the closing of the transaction, CSII have three primary conditions precedent to satisfy:

- Approval of SASAC

- Approval of the Sichuan Provincial Government

- Approval of FIRB

Closing date agreed

The last closing date for the execution of the Subscription Agreement is 30 June 2017 and the end date for the transaction will now be 31 July 2017. SRIG has extended the US$2 million Performance Guarantee to 31 July 2017.

Update on approval process

The status of the approval process based on advice from CSII is as follows:

Australian Foreign Investment Review Board (FIRB)

The approval of FIRB is required for CSII to make the investment in the project and it is a condition precedent to completing the transaction. CSII has made application to FIRB and FIRB has advised that, in the absence of requests for information, its decision will be made by early May 2017 and advised to CSII within 10 days of its decision.

State-owned Assets Supervision and Administration Commission of the State Council of the Sichuan Province of the Peoples Republic of China (SASAC)

The approval of SASAC is required for SRIG, through CSII, to make the investment in the project and it is a condition precedent to completing the transaction. SRIG have advised that SASAC has completed their approval process and have forwarded SRIGs application to the Provincial Government for its approval. SASACs formal approval is conditional on Provincial Government approval.

Provincial Government of the Sichuan Province of the People's Republic of China (Provincial Government)

The approval of the Provincial Government is required for SRIG and CSII to make the investment in the project and it is a condition precedent to completing the transaction. CSII have previously advised that due to possible changes in legislation, SRIG and CSII were not required to obtain the approval of the Provincial Government to proceed with the transaction.

CSII and SRIG have now clarified their previous advice noting that Provincial Government approval is required under existing government review processes.

Other regulatory requirements

CSII and SRIG are required to file details of the transaction together with advice of relevant approvals with The National Development and Reform Commission of the People's Republic of China (NDRC) and Ministry of Commence of the People's Republic of China (Mofcom). These filings will take place once the approvals are completed.

Altona will continue to update the market as it is advised of progress on the various approvals described above.

Altonas conditions precedent well advanced

Once the Subscription Agreement is executed, closure of the transaction is then dependent on satisfaction of conditions precedent. Most conditions precedent required of Altona have been satisfied with the only major condition outstanding being the transfer of 50% of mining licences to JVCo from Altona. This will not be expedited until close to completion to defer stamp duty liabilities.

For full details of the Agreement between Altona and SRIG, please refer to the ASX announcement of 2 June 2016.

Imminent Project Development

Little Eva copper-gold development is ready to build

JVCo will own the Cloncurry Project and have US$238.53 million in cash at closing which equates to A$316 million at AUD:USD of 0.754. The cash exceeds the previous estimate for capital costs of A$294 million (including A$18 million contingency).

Altona will be the manager of the JVCo for a minimum period of 3 months from establishment of the JVCo after which time the JVCo will have in place its own management. Altona will undertake this function on a commercial basis.

Altonas 34% equity share of annual production from Little Eva at the Cloncurry Project equates to approximately 13,000 tonnes of copper and 5,780 ounces of gold (15,000 tonnes of copper equivalent production), representing significant potential cash flow attributable to Altona. As the project is fully funded from cash contributions, cash flow will be unencumbered with any debt service obligations.

Corporate

Altona maintains a strong cash balance

Altona had A$37.19 million of funds on deposit at 31 March 2017. A portion of these funds (US$23.65 million) is retained in US dollars to hedge against US$/A$ currency movements associated with Altonas future obligation to contribute US$25 million to the SRIG Joint Venture.

Cash movements for the quarter are tabulated below:

A$ (millions)
Opening cash (31 December 2016) 39.9
Exploration, evaluation and (0.31)
licence
fees

Corporate including SRIG (0.26)
transaction
costs

Staff costs (0.30)
Exchange rate movement and other (1.84)
Closing cash (31 March 2017) 37.19

Share Price Activity on ASX

Quarter open-13.5¢
High-16.0¢
Low-12.5¢
Quarter close-16.0¢
Average daily volume-391,610


Cloncurry Copper Project (Altona 100% subject to SRIG transaction)

The Cloncurry Project offers a large resource of 290 million tonnes at 0.58% copper, 0.05g/t gold for 1.65 million tonnes contained copper and 0.4 million ounces gold and is close to infrastructure. It is located 90 kilometres north-east of Mt Isa and 11 kilometres north of MMGs Dugald River zinc mine which is in construction.

Permitted project with a DFS completed

The Little Eva copper-gold development is planned to be the first development at the Cloncurry Copper Project. A Definitive Feasibility Study (DFS) announced by Altona on 13 March 2014 for Little Eva anticipates the construction of a 7 million tonne per annum open-pit mine and flotation plant capable of annual production of 39,000 tonnes copper and 17,000 ounces gold. Mine life is estimated to be 13 years.

The project sits within granted mining licences with native title agreements and an Environmental Authority (EA) is in place.

Little Eva part of an emerging mineral field

The Dugald River zinc mine 9 kilometres from Little Eva, is currently under construction. Dugald River is owned by MMG Limited. Construction of a 110kV power-line to Dugald River is completed. Altona has commenced discussions to access the power-line for the Little Eva development.

Update to DFS

- An update and synthesis of all technical work completed since the original DFS was released in 2012. This DFS Status Report will provide a current and comprehensive view of the project and an updated financial analysis.

- A plan for implementation of the project, including optimisation, review, detailed design, front end engineering and construction.

- A budget for the project and for JVCo.

New Resource Estimate at Bedford

A new Mineral Resource estimate for the Bedford deposit was completed. Bedford is located 6 kilometres southeast of the planned Little Eva open pit mine and processing plant and lies within granted mining leases.

The new resource estimate is: 4.8 million tonnes at 0.80% copper and 0.21g/t gold for 38,000 tonnes of contained copper and 32,000 ounces contained gold.

The resource is reported at a 0.3% lower cut-off grade and is classified as indicated and inferred. A full tabulation is given in ASX release dated 9 March 2017.

The global Mineral Resource for the Cloncurry Project is now:

290 million tonnes at 0.58% copper, 0.05g/t gold for 1.67 million tonnes of contained copper and 0.4 million ounces contained gold (Table 1).

The Bedford Mineral Resource estimate is based on a new geological model informed by detailed surface geochemical and geological mapping. The new model was also informed by two additional diamond drill holes drilled for metallurgical samples and geotechnical studies.

The Mineral Resource reports sulphide ore only and extends from 20 metres to 140 metres below surface. An oxide cap ranging from surface to depths of 20 to 30 metres is excluded from the resource estimate.

The Bedford deposit is part of the Little Eva mine development and is scheduled to commence production in year 2 of the mine plan. The new model indicates the potential to increase Bedford ore reserves and pit optimisations are planned as part of the project optimisation.

Roseby South Project (Altona 100%)

Roseby South is a strategic 100% owned asset

The Roseby South Project (Roseby South) is 100% owned by Altona and is operated by Altona.

Roseby South abuts Altonas 100% owned Cloncurry Copper Project which is subject to the SRIG Framework Agreement. Roseby South is not part of the SRIG JV.

Roseby South covers the extension of the prospective stratigraphy which hosts both Altonas Cloncurry Copper Project and MMG Limiteds Dugald River zinc mine immediately to the north.

Exploration footprint of 3,408km2

The Company has applied for 11 new Exploration Permits (EPMs) in the region surrounding its Cloncurry Project and Roseby South. The new applications cover an area of 2,006 square kilometres. Together with the tenure potentially subject to the SRIG JV, Altona holds 3,408 square kilometres of exploration tenure and applications in the Mt Isa area.

The new project areas are being targeted for copper-gold (IOCG) as well as gold only and lead-zinc-silver deposit types.

Focus on reporting, target generation

2016/2017 saw a welcome long wet season in the Cloncurry area. Altonas team has used the time to process data and report on last years extensive programme of soil sampling, mapping and drilling. The team have also generated new targets and models through this data analysis. Field work will resume in May.

Competent Persons Statement and ASX Compliance

Competent Persons Statement: The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Alistair Cowden, BSc (Hons), PhD, MAusIMM, MAIG and Mr Roland Bartsch, BSc(Hons), MSc, MAusIMM. Dr Cowden and Mr Bartsch are full time employees of the Company and have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr Cowden and Mr Bartsch consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.

Little Eva Project production target and forecast financial information: Information in this release refers to a production target and the forecast financial information derived from a production target as per the ASX release Cost Review Delivers Major Upgrade to Little Eva dated 13 March 2014, which is available to be viewed at www.altonamining.com or www.asx.com.au. The Company confirms that all the material assumptions underpinning the production target and the forecast financial information derived from the production target referred to in the above-mentioned release continue to apply and have not materially changed.

Copper equivalence: When used, copper equivalent refers to copper in concentrate produced, or planned to be produced. It does not refer to metal contained within insitu resources, reserves or drill results. The copper equivalent grade is calculated by factoring the copper grade by revenues estimated from all metals (NSR) being copper, zinc, gold and silver.

Please direct enquiries to:

Alistair Cowden-David Tasker
Managing Director-Professional Public Relations
Tel: +61 8 9485 2929-Tel: +61 8 9388 0944
altona(at)altonamining.com-david.tasker(at)ppr.com.au
-
Jochen Staiger
Swiss Resource Capital AG - Germany
Tel: +41 71 354 8501
js(at)resource-capital.ch

ABOUT ALTONA

Altona Mining Limited (ASX: AOH - http://www.commodity-tv.net/c/search_adv/?v=297328) is a cashed up ASX listed company with a record of shareholder returns. It is focussed on the Cloncurry Project in Queensland, Australia.
Major permits are in place with proposed annual production of 38,800t of copper and 17,200oz of gold for a minimum of 10 years. A Definitive Feasibility Study was published in March 2014.

Altona has completed a Framework Agreement with Sichuan Railway Investment Group to fully fund and develop Little Eva.

Key metrics as at 31/03/2017:

Shares on issue:-536,975,592
Share rights on issue:-8,419,200
Cash:-A$37.2M
Share price:-16 cents
Market capitalisation:-A$86M

Altona Mining Limited
ACN: 090 468 018
Level 1, 2 Kings Park Road
West Perth Western Australia 6005
T: +61 8 9485 2929
E: altona(at)altonamining.com
W: www.altonamining.com
ASX: -AOH
Frankfurt: -A20

The Cloncurry Copper Project has resources containing some 1.65Mt of copper and 0.41Moz of gold. The first development envisaged is the 7Mtpa Little Eva open pit copper-gold mine and concentrator.

Table 1: Resource Estimates for the Cloncurry Project

DEPOSIT TOTAL CONTAINEDMEASURED INDICATED INFERRED
METAL
TonnGradeCoppGoldTonnGradeTonnGrade TonnGrade
es er ounces e es
es
mill tonn mill mill mill
ion es ion ion ion

CuAuCuAuCu AuCuAu
% g/% g/% g/% g/
t t t t

LITTLE EVA PROJECT
Little 105.0.50.546,295,37.10.0.45.00.40.23.90.0.
Eva 9 2 09000 000 6009 6 08 5010

Turkey 21.00.5 123,- - - 17.70.5 3.4 0.-
Creek 9 000 9 58

Ivy AnnA7.5 0.50.43,017,0- - - 5.4 0.60.2.1 0.0.
7 0700 00 0 08 4906

Lady Cla14.00.50.78,085,0- - - 3.6 0.60.10.40.0.
yre 6 2000 00 0 24 5418
A
Bedford 4.8 0.80.38,032,0- - - 2.3 0.90.2.5 0.0.
0 2100 00 5 23 6619

Sub-153.0.50.829,430,37.10.0.74.00.50.42.20.0.
total 3 4 09000 000 6009 2 07 5311

OTHER DEPOSITS
Blackard76.40.6 -475,- 27.00.- 6.6 0.6- 42.70.-
A 2 000 68 0 59

ScanlanA22.20.6 -143,- - - - 18.40.6- 3.8 0.-
5 000 5 60

Longamun10.40.6 -69,0- - - - - - - 10.40.-
di 6 00 66
A
LegendA 17.40.5 -94,0- - - - - - - 17.40.-
4 00 54

Great So6.0 0.6 -37,0- - - - - - - 6.0 0.-
uthern 1 00 61
A
Caroline3.6 0.5 -19,0- - - - - - - 3.6 0.-
A 3 00 53

Charlie 0.7 0.4 -3,00- - - - - - - 0.7 0.-
Brown 0 0 40
A
Sub-136.0.6 -840,- 27.00.- 25.00.6 84.70.-
total 7 1 000 68 4 59

TOTAL 290.0.50.1,66430,64.10.0.99.00.50.126.0.0.
0 8 058,00000 6305 5 059 5704
0

A This information was prepared and first disclosed under the JORC Code 2004 Edition. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported. All other resources classified and reported in accordance with JORC Code 2012 edition.
Note: Tonnages are dry metric tonnes and have been rounded, hence small differences may be present in the totals.

See ASX release of 23 October 2007 and 26 July 2011 (Longamundi, Great Southern, Caroline and Charlie Brown), 23 April 2012 (Ivy Ann and Lady Clayre), 03 July 2012 (Blackard and Scanlan) and 22 August 2012 (Legend) for full details of resource estimation methodology and attributions.
Little Eva is reported above a 0.2% copper lower cut-off grade, all other deposits are above 0.3% lower copper cut-off.

The ASX releases referenced in Table 4 are available on the Altona website at www.altonamining.com. The Company confirms that it is not aware of any new information or data that materially affects the information included in the most recent market announcement for each deposit and, in the case of Mineral Resources and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons findings are presented have not materially modified from the original market announcement.

APPENDIX 5B
Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16

Name of entity
ALTONA MINING LIMITED

ABN--Quarter ended (current quarter)
35 090 468 018 31 March 2017

Consolidated statement of cash Current Year To Date
flows Quarter (9 months)
$A000
(3 months)
$A000
1. Cash flows from operating - -
activities

1.1Receipts from customers
1.2Payments for (307) (2,518)
(a)-exploration & evaluation
(b)-development - -
(c)-production - -
(d)-staff costs (256) (745)
(e)-administration and (299) (1,079)
corporate
costs

1.3Dividends received (see note - -
3)

1.4Interest received 10 148
1.5Interest and other costs of (0) (2)
finance
paid

1.6Income taxes paid - -
1.7Research and development - -
refunds

1.8Other (provide details if (2) 23
material)

1.9Net cash from / (used in) (854) (4,173)
operating
activities


2. Cash flows from investing (1) (6)
activities

2.1 Payments to acquire:
(a)-property, plant and
equipment

(b)-tenements (see item 10) - -
(c)-investments - -
(d)-other non-current assets - -
2.2 Proceeds from the disposal - -
of:

(a)-property, plant and
equipment

(b)-tenements (see item 10) - -
(c)-investments - -
(d)-other non-current assets - -
2.3 Cash flows from loans to - -
other
entities

2.4 Dividends received (see note - -
3)

2.5 Other (provide details if - -
material)

2.6 Net cash from / (used in) (1) (6)
investing
activities


3. Cash flows from financing - -
activities

3.1 Proceeds from issues of
shares

3.2 Proceeds from issue of - -
convertible
notes

3.3 Proceeds from exercise of - -
share
options

3.4 Transaction costs related to - -
issues of shares,
convertible notes or
options

3.5 Proceeds from borrowings - -
3.6 Repayment of borrowings - -
3.7 Transaction costs related to - -
loans and
borrowings

3.8 Dividends paid - -
3.9 Other (provide details if - -
material)

3.10Net cash from / (used in) - -
financing
activities


4. Net increase / (decrease) in 39,922 42,280
cash and cash equivalents
for the
period

4.1 Cash and cash equivalents at
beginning of
period

4.2 Net cash from / (used in) (854) (4,173)
operating activities (item
1.9
above)

4.3 Net cash from / (used in) (1) (6)
investing activities (item
2.6
above)

4.4 Net cash from / (used in) - -
financing activities (item
3.10
above)

4.5 Effect of movement in (1,879) (913)
exchange rates on cash
held

4.6 Cash and cash equivalents at 37,188 37,188
end of
period

5. Reconciliation of cash and Current Previous
cash quarter quarter
equivalents
$A000 $A000
at the end of the quarter
(as shown in the
consolidated statement of
cash flows) to the related
items in the
accounts

5.1 Bank balances 31,208 33,072
5.2 Call deposits 5,980 6,850
5.3 Bank overdrafts - -
5.4 Other (provide details) - -
5.5 Cash and cash equivalents at 37,188 39,922
end of quarter (should
equal item 4.6
above)

6. Payments to directors of the entity and Current
their quarter
associates
$A'000
6.1 Aggregate amount of payments to these 155
parties included in item
1.2

6.2 Aggregate amount of cash flow from loans -
to these parties included in item
2.3

6.3 Include below any explanation necessary to understand
the transactions included in items 6.1 and
6.2

Payment of executive and non-executive directors fees,
salaries and
superannuation.

7. Payments to related entities of the entity Current
and their quarter
associates
$A'000
7.1 Aggregate amount of payments to these -
parties included in item
1.2

7.2 Aggregate amount of cash flow from loans -
to these parties included in item
2.3

7.3 Include below any explanation necessary to understand
the transactions included in items 7.1 and
7.2

8. Financing facilities Total Amount drawn
available facility at quarter
amount at end
Add notes as necessary for quarter
an understanding of the end $A000
position
$A000
8.1 Loan facilities - -
8.2 Credit standby arrangements - -
8.3 Other (please specify) - -
8.4 Include below a description of each facility above,
including the lender, interest rate and whether it is
secured or unsecured. If any additional facilities
have been entered into or are proposed to be entered
into after quarter end, include details of those
facilities as
well.

9. Estimated cash outflows for next quarter $A000
9.1 Exploration and evaluation 191
9.2 Development -
9.3 Production -
9.4 Staff costs 179
9.5 Administration and corporate costs 295
9.6 Other (provide details if material) -
9.7 Total estimated cash outflows 665

10. Changes in TenemenNature of InterestInteres
tenements t interest at t at
refere beginni end
(items 2.1(b) nce ng of of
and 2.2(b) and quarter quarte
above) locati r
on

10.1Interests in - - - -
mining
tenements and
petroleum
tenements
lapsed,
relinquished or
reduced

10.2Interests in EPM2618100% owned by R- 100%
mining 2 oseby
tenements and
petroleum NW Qld Copper (South)
tenements Pty
acquired or Ltd,
increased
a wholly owned
sub-

sidiary of Alto
na
Mining
Limited

Compliance statement

1-This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
2-This statement gives a true and fair view of the matters disclosed.

http://www.irw-press.at/prcom/images/messages/2017/39589/Altona Mining LimitedPRcom.001.png


Sign here: -------Date: 28 April 2017


(Director/Company secretary)

Print name: - Eric Hughes

Notes
1.-The quarterly report provides a basis for informing the market how the entitys activities have been financed for the past quarter and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.
2.-If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
3.-Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

SCHEDULE A

AUSTRALIAN MINING TENEMENTS

Interests in mining tenements relinquished, reduced or lapsed during the quarter

None.

Interests in mining tenements acquired or increased during the quarter

None.

Interests in mining tenements at end of the quarter

All tenements held are in Queensland. The area under granted tenements within Queensland is 1,357 km² and the area under application is 2,012 km².

Mining Leases (ML) Cloncurry Project

Number Name Holder Beneficial
Interest
Held

90162 Scanlan Altona Mining Ltd / Roseb100%
y
Copper Pty Ltd
90163 Longamundi Altona Mining Ltd / Roseb100%
y
Copper Pty Ltd
90164 Blackard Altona Mining Ltd / Roseb100%
y
Copper Pty Ltd
90165 Little Eva Altona Mining Ltd / Roseb100%
y
Copper Pty Ltd
90166 Village Altona Mining Ltd / Roseb100%
y
Copper Pty Ltd

Exploration Permits for Minerals (EPM) Cloncurr
y
Project

Number Name Holder Beneficial
Interest
Held

9611 Happy Valley Roseby Copper (South) 100%
Pty
Ltd

14363 Bannockburn Roseby Copper Pty Ltd 100%
14370 Malakoff Roseby Copper (South) 100%
Pty
Ltd

14371 Mt. Angelay Roseby Copper (South) 100%
Pty
Ltd

25757 Burke Roseby Copper Pty Ltd 100%
25760 King Roseby Copper Pty Ltd 100%

Exploration Permits for Minerals (EPM) Roseby S
outh
Project


Number Name Holder Beneficial
Interest
Held

25759 Gray Roseby Copper (South) 100%
Pty
Ltd

25761 Wills Roseby Copper (South) 100%
Pty
Ltd

26182 Cameron Roseby Copper (South) 100%
Crossing Pty
Ltd


Applications for Exploration Permits for Minerals (EPM)

Number Name Holder Beneficial
Interest
Held

Roseby South Project
26283 Wicket Roseby Copper (South) Application
Pty only
Ltd

Mount Isa Regional
26277 Antilles Roseby Copper (South) Application
Pty only
Ltd

26278 Fortuna Roseby Copper (South) Application
Pty only
Ltd

26279 Malakili Roseby Copper (South) Application
Pty only
Ltd

26280 Wedge Roseby Copper (South) Application
Pty only
Ltd

26281 Dooku Roseby Copper (South) Application
Pty only
Ltd

26282 Tarkin Roseby Copper (South) Application
Pty only
Ltd

26284 Sebulba Roseby Copper (South) Application
Pty only
Ltd

26285 Watto Roseby Copper (South) Application
Pty only
Ltd

26365 Rebo Roseby Copper (South) Application
Pty only
Ltd

26367 Salacious Roseby Copper (South) Application
Pty only
Ltd




Unternehmensinformation / Kurzprofil:
Leseranfragen:

Altona Mining Limited ist ein Kupferproduzent in Finnland und besitzt ein Hauptkupferentwicklungsprojekt in Australien.



Bereitgestellt von Benutzer: irw
Datum: 28.04.2017 - 07:25 Uhr
Sprache: Deutsch
News-ID 539000
Anzahl Zeichen: 39064

contact information:
Town:

Wien



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 202 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Altona Mining Limited: Quarterly Report March 2017
"
steht unter der journalistisch-redaktionellen Verantwortung von

Altona Mining Ltd. (Nachricht senden)

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