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Thursday, July 02, 2009

Resource stock updates

ASX resource company drilling updates -

DML (DISCOVERY METALS LIMITED) 2009-07-18:
Discovery Metals announced the successful delineation of ground-water resources which are more than sufficient to meet the processing and other operational needs of its Boseto Copper Project. The Company announced: water availability significantly exceeds the requirements of currently planned operations with more than four times the project requirement available over a 15 year period; water production bore fields will be relatively close to the Boseto processing plant - approx. 15km; water quality is suitable for use in the Boseto process plant; and identified water resources support consideration of mine life extension and/or expansion of production beyond the currently planned 10 year x 2Mtpa base case for Boseto.

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