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MT NORMA

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MT NORMA
Classification: Active/Verified
Status: Producer
Type of Work: Surface
Location:
Australia, Queensland
Nearest Landmark: N/A
Distance from Landmark: N/A
Direction from Landmark: N/A
Latitude: N/A
Longitude: N/A
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Property News

December 1, 2009
CuDeco Ltd is please to advise shareholders that it has been successful in reaching an acceptable settlement with GSB Chemicals Pty Ltd over the supply of a substituted kerosene product to its Mt Norma operations in December 2005. The settlement agreed between the parties is a cash settlement of A$650,000 in favour of Cudeco Ltd.
October 23, 2008
Significant oxide copper mineralisation was intersected including 18m at 5.06% Cu and 32.9 g/t Ag from 76m in Hole MN_08_008RC, including 8m at 9.10% Cu and 58.8g/t Ag from 84m, 16m at 1.87% Cu and 12.4g/t Ag from 56m in Hole MN_08_029RC, including 3m at 4.45% Cu and 16.4g/t Ag from 56m and 10m at 1.26% Cu and 15.7g/t Ag from 64m in Hole MN_08_010RC, including 2m at 3.48% Cu and 33.9g/t Ag from 69m. The drill results have extended the existing mineralisation zone for another 100m averaging 1.42% Cu along strike, which is open to south and down plunge.
June 30, 2008
The current strilke line at mt Norma has now been extendend to 250m; significant oxide copper mineralization was intersected and up to 18m at 5.06% Cu and 32.9g/t Ag were returned in Hole MN_08_008RC from 76m, 18m at 5.06% Cu and 32.9 g/t Ag from 76m in Hole MN_08_008RC, including 8m at 9.10% Cu and 58.8g/t Ag from 84m, 16m at 1.87% Cu and 12.4g/t Ag from 56m in Hole MN_08_029RC, including 3m at 4.45% Cu and 16.4g/t Ag from 56m, 10m at 1.26% Cu and 15.7g/t Ag from 64m in Hole MN_08_010RC, including 2m @ 3.48% Cu and 33.9g/t Ag from 69m, and 5m at 2.85% Cu and 33.3g/t Ag from 39m in Hole MN_08_002RC, including 2m at 6.42% Cu and 79.0g/t Ag from 39m.
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