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Copper Range granted approval for geophysics survey on Lake Torrens, SA November 19, 2008

Posted by Fortbridge in Mining.
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Australian exploration company Copper Range Limited (ASX: CRJ) has been granted approval to access Lake Torrens to undertake a detailed gravity survey on the salt lake’s surface.

The long-awaited approval, granted by the Department of Primary Industries and Resources of South Australia (PIRSA), covers a significant area within the Company’s West Lake Torrens tenement (EL3490) which contains highly prospective IOCG targets.

This is a significant step towards defining two prominent residual gravity high anomalies at Carrapateena East and Shore Hill, which were announced in April 2008.

Last week Copper Range announced that major global gold company Barrick Gold had entered into a $5 million farm-in agreement to several of the Company’s Olympic Domain tenements, including West Lake Torrens. The Company is delighted to have a partner of the calibre of Barrick Gold to provide the necessary financial and technical resources to actively explore the area.

Click here to read the full announcement.

For further information, please contact:

Rob Scargill
Managing Director
Copper Range
Ph: 0418 775 298
E: rscargill@copperrange.com.au

or

James Moses
Media and Investor Relations
Fortbridge Consulting
Ph: 0420 991 574
E: james.moses@fortbridge.com

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