Gunson Resources Ltd managing director David Harley still believes I the junior is undervalued as it progresses towards mining its Coburn heavy mineral sands project in Western Australia by late 2006. Discussions with potential local and Overseas off-take customers is in progress with strong interest being shown by some overseas customers to assist with the financing and development of the project. The bankable feasibility study on Coburn was completed in early December and confirmed it can sustain a long life and financially attractive mining operation, supplying about 5 percent of the world's present zircon demand when at full scale production.
展开▼
