HIGHLIGHTS AND SIGNIFICANT EVENTS
During the June Quarter the Company achieved and announced a number of significant events:
- An Inferred Mineral Resource for its 72.55% owned TNT Mines Limited’s Royal George tin deposit in north-eastern Tasmania, Australia
- The renewal of 2- year extension terms to subsidiary Niuminco (ND) Ltd’s EL1441 May River and EL1438 Bolobip exploration licences through to September 2015 in Papua New Guinea
- The production and sale of 2,857.3 g ( 91.9 ounces) of gold and 2,279.5g ( 73.3 ounces) of silver for $123,000 at an average grade of 52.97 g/t from the Edie Creek mine.
- The raising of $210,000 equity from the one for five Rights Issue at $0.005 per share.