Monaro Mining’s company update April 28, 2010
Posted by Fortbridge in Energy, Mining.Tags: arizona, ausamerican mining, monaro, name change, texas, uranium, usa
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Monaro Mining NL (ASX: MRO) updates the market and announces that its strategy of acquiring proven good economic grade mineralization properties has resulted in it acquiring 12 new uranium leases in the “Texas Uranium Belt”, a previously explored and well delineated area in the south east of the state.
Highlights:
- Monaro Mining secures uranium lease prospects in Texas Uranium Belt
- Initial exploration target of 4 million pounds.
- Recent transaction in New Mexico underlines value of Rio Puerco project
- Name Change to Reflect New Emphasis
- US roadshow and ADR program update
- Sale of Carbeck
Also see the Company’s presentation featuring its new name, AusAmerican Mining.
For further information, please contact:
Executive Chairman: Jim Malone, +61419537714 or on jim.malone@iinet.net.au
Investor & Media Enquiries: Fortbridge – Bill Kemmery, +61 2 93310655, +61 400 122 449 or bill.kemmery@fortbridge.com
US Investor relations Manager: Peter Barnes, +1 646 269 3073
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