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Company NewsWednesday, June 10, 2009 Gunson Resources report a Deed of Variation was executed on 5th June 2009, giving Noranda Pacific Pty Ltd (Noranda), a company within the Xstrata Copper Business Unit, an additional year to meet its $3.5 million earn in requirement to attain a 51% interest in the Mount Gunson Project. Preliminary results from the uncompleted feasibility study on MG 14 indicate that a mine
development could be financially attractive at current copper prices. An extensive infill gravity survey, funded by Noranda, over six target areas has defined attractive drilling targets around Emmie Bluff Prospect. The infill work has also better
defined previously known gravity anomalies which are to be screened with IP geophysical traverses over the next several weeks. Drilling of two targets around Emmie Bluff Prospect is scheduled to commence in late June. Map Legend: Producer Past Producer  Development  Exploration |
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