Descripción del sitio
Historical Resource base (ZCCM):
37Mt at 0.25% Cu for 92.500t Cu
Puku Minerals Ltd (Weatherly International Ltd)
April 2005
Londoloza Resources Corporation (LRC)
April 25, 2008
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April 25, 2008
Londoloza Resource Corporation (LRC) has secured exclusive rights to undertake due dilligence on three historic tailings dumps, located in Luanshya, a mining community located within the world renowned Zambian Copperbelt. It pleases LRC to announce that in accordance to this right, it has appointed RSG / Coffey Mining to execute a due diligence study on the Luanshya dumps (see previous announcements), furthermore LRC has also appointed Dump & Dune, a subsidiary of Time Mining Ltd. To execute the drilling work on the three dumps. RSG/ Coffey will produce a report detailing the results of the drilling programme and an estimate of the mineral resources as well commentary on metallurgical and financial aspects of the project.The drilling contractor is in the process of mobilization and drilling work is expected to be completed by 23 May 2008.
March 5, 2007We continue to pursue our legal rights to licence area PLLS 239 issued in April 2005 to our wholly owned Zambian company, Puku Minerals Limited. Legal advice from lawyers remains unchanged, continuing to support the validity of our claim. This dispute has no impact on our ability to treat the tailings on licence PLLS 240 for the recovery of copper and licence PLLS 252 is also unaffected. Puku is in the process of applying for retention licences in relation to all three areas. Although there is no dispute, save for PLLS 239, there can be no guarantee of successful renewal. The value of the mineral exploration licences remains under review.
http://moneyextra.uk-wire.com/cgi-bin/articles/200703050701172836S.html
Londoloza Resources Corp