Asia Business News | Tuesday, October 07, 2008
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ADIPEC 2008 - Powering the World - Fuelling the Future
Mineral Sands Limited ASX: MSN - Joint Venture Farm-in Western Eucla Basin - Mr Pat McManus, MD



About MINERAL SANDS LIMITED

Mineral Sands Limited ("Minsands" or "the Company") holds 100% interest in mining tenements and tenement applications, in zircon and rutile rich provinces in Victoria, New South Wales, Western Australia and Queensland. The company has granted exploration permits covering 8,544 square kilometres and exploration licence applications covering a further 13,192 square kilometres. The company is earning an 80% interest in a further 462 square kilometres by a farm-in agreement with Olympia Resources Ltd. Mineral Sands Limited’s project acquisition strategy over the last two years has aimed at increasing shareholder wealth by securing advanced project areas containing previously identified resources that exhibit potentially favourable mining and processing options and good infrastructure, and exploration areas that exhibit high-value mineral assemblages.



 
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