Queensland Mining Corporation Limited - Overview Of Cloncurry Project Area
23.09.2010 | ABN Newswire
Sydney, Sept 23, 2010 - Queensland Mining Corporation Limited (ASX: QMN) has released an overview of its Cloncurry Project Area. The transcription follows or you can watch the presentation by clicking the link:http://www.queenslandminingcorporation.com.au/mediacentre.htm
The purpose is for shareholders, the corporate and investment community, and potential joint venture partners to view the company's tenements and possible infrastructure and processing facilities available in the Cloncurry district.
The presentation also shows the location of other mining companies and their plant and processing facilities, as well as the town of Cloncurry which is supported by mains power, water, road/rail transport facilities and the heavy gauge rail line to the main port of Townsville.
To the south of Cloncurry is the newly acquired White Range Project containing the mines; Greenmount, Mt McCabe, Vulcan and the Hampden copper mine at Kuridala. To the east lies the Mt Freda and Gilded Rose gold mines with plant and infrastructure facilities. The Mt Norma copper mine, plant and processing facilities, lie in between these two gold mines.
To the north of Cloncurry are QMC's projects: Jessievale, Morris Creek and Flamingo, as well as Xstrata's Ernest Henry Copper Mine, processing plant and concentrator.
For the complete Queensland Mining Corporation Limited announcement including transcript, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/63788-ASX-QMN-606909.pdf
About Queensland Mining Corporation:
Queensland Mining Corporation Ltd ('QMC') (ASX:QMN) is focused on the exploration and development of its suite of copper and gold projects in the Cloncurry region of northwest Queensland.
QMC is confident that early cash flow can be achieved from its Flamingo Copper Project and the Mount Freda / Gilded Rose Gold Projects. In conjunction with this development, high impact exploration is being undertaken for large IOCG style deposits (e.g. Ernest Henry and Olympic Dam) on the company’s Morris Creek and Jessievale properties.
The Cloncurry south project area includes the White Range Project has provided QMC with a large JORC compliant resource, that will provide the basis for a long life mining operation in the Cloncurry region. This purchase offers synergies with the existing QMC mining lease and exploration portfolio and ensures that the company will achieve its goal of being a major mining entity within the short to medium term.
Contact:
Howard Renshaw, Managing Director
Queensland Mining Corporation Limited
Tel: +61-2-9251-6730
Email: admin@qmcl.com.au
www.qmcl.com.au