OVERVIEW
- Cash on hand at 31 December 2011 was $10,709,000.
- Net loss for the half-year was $1,553,000.
- First development ore was produced from Perkoa underground workings.
- Blackthorn Resources gained 100% of the Mumbwa Project.
- High-grade copper mineralisation was reported from Phase 5 infill drilling at the Kitumba mineral resource area within the Mumbwa Project.
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