As proto namely today tells you not only get the license for a new
exploration area called Metal Rocks, but also completed the
compilation and analysis of data from previously existing aeromagnetic
and radiometric surveys on the site. So you can now proceed to an
exploration program for this specific project to develop, which should
be included in the first quarter of 2011.
The Metal Rock project, which covers an area of 321.9 square
kilometers, lies 250 km northeast of Kalgoorlie in Western Australia.
Metal Rocks Project is there in the near known uranium and gold
mineralization such as the Ambassador-uranium deposit (inferred
resource of 16.53 million tonnes at 630ppm U3O8) of Energy and
Minerals Australia and the Tropicana gold deposit (measured, indicated
and inferred resource of 75 million tonnes at 2.07 grams of gold per
ton) of AngloGold Ashanti.
In addition, the Company has completed an initial soil sampling
program on the Barnes Hill project in western Tasmania, which connects
the east with the Flagschiffnickelprojekt, Barnes Hill, from Proto. In
addition, soil sampling programs were completed on Kelly's Lookout and
Anderson's Creek on the Barnes Hill project, so the company could send
a total of 551 samples for analysis to the laboratory. With results
expected in January.
With the sampling programs tested prototype four project areas (1)
Barnes Hill Extension (2) Pandora, (3) Kelly's Lookout, and (4)
Anderson Creek. Barnes Hill Extension to the west point of the Barnes
Hill nickel deposit in an area where geological structures on nickel
and cobalt. The Pandora property, however focuses on the historical
activities on the Pandora Copper Mine and a north-west trend, which is
thought that he is the defining structure for the copper
mineralization at the mine. At Kelly's Lookout is an area in the small
historic gold digging structures are present, while one is dedicated
to Anderson's Creek, a historic occurrence of platinum group metals
(mainly osmium and iridium).
The metal rock project is going to rock with it features.
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