Prairie Downs Metals Limited (ASX:PDZ) Quarterly Report for the Period Ended 31 March 2009

Prairie Downs Metals Limited (ASX:PDZ) continues to systematically progress the Prairie Downs Project ("the Project") by conducting campaign style exploration aimed at consolidating and developing the Company's database to support the future progression of a bankable feasibility study in relation to the identified resource.

A regional review of the entire Prairie Downs tenement package has identified nine high priority targets for further exploration. These targets comprise potential channel iron ore, gold, uranium, and further main lode style base metal mineralisation.

The Company is in a strong financial position with significant cash reserves and no debt. New investment opportunities designed to deliver long-term growth to shareholders continue to be evaluated.

To read the Quarterly Report for the period ended 31 March 2009 in full please see below;

http://www.abnnewswire.net/media/en/docs/60484-ASX-PDZ-443673.pdf

About Prairie Mining Limited

Listed on the Australian Stock Exchange (ASX:PDZ) and based in Perth, Prairie Downs Metals Limited is exploring and developing high grade zinc, lead and copper deposits at the Prairie Downs project in Western Australia.

 

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