105th Sydney Mining Club Luncheon
Mineral Deposits and Monto Minerals
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Two emerging producer stories, one in Qld and one in Senegal, West Africa...
MDL raised $150M in March this year to fund development of its two projects in Senegal. One is a significant new zircon rich mineral sands project on the coast whilst the second is the exciting Sabodala gold project where a 2.2Moz resource has already been established. Monto will be in production by mid-2007 having raised over $40M via an AIM listing In May.
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The Goondicum project will produce ilmenite, feldspar, apatite and titanomagnetite, and a major portion of the initial production is already under contract. There is good money to be made in industrial minerals as the MD's of these two companies look forward to telling you, so come along and hear about these new developments. |
