Ansett
Mining Corporation is to
become a listed Public Company on the Australian ASX.
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Bounty Resources International
- Singapore
23/6/06 Ansett
Resources and Bounty Resources International Singapore
signed LOI to develop a 300 Million Tonne Iron Ore
deposit Northwest of Townsville, Queensland. This
development will commence in 2011.
Mr. Byrt and Mr. Li Haidong of Ansett and Bounty have
formed a working relationship to achieve all scheduled
outcomes
Summit Resources/Pacific
Mines
20/6/06
Summit Resources/Pacific Mines controls/manages
EPM 15162 and EPM 15129.
Ansett Resources Directors sign contract with Summit
Resources/Pacific Mines to explore and develop the
iron ore resource at Constance Range.
Mr Byrt said: "This is a great
partnership for both companies to establish a long
term working relationship to develop this resource
for export."
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Iron Ore Deposits is a wholly owned subsidiary of
Ansett
Resources & Industries Pty Ltd with 15 leases in Queensland
and 1 in the Pilbara region of Western Australia.
These tenement leases hold reserves of in excess of 1 billion
tons of ore.
Iron Ore Deposits are presently in negotiation with
several parties interested in joint venture production arrangements.
Iron Ore Deposits has now successfully negotiated a
joint venture arrangement with 2 multinational corporations
and are continuing negotiations with other parties.
Development: will commence on EPM 15128 and EPM 15117.
These two developments will be producing iron ore for export
by August 08.
Negotiations are continuing with U.S. companies to fund the
project and to gain equity participation.
Development: Connell Wagner of Townsville have been
appointed as Project Engineers. An announcement has been made
by the Queensland Government to replace the old Greenvale
railway line. The replacement of this line will allow the
iron ore to be transported via rail from the resource to the
Port of Townsville, some 140 km.
The Ore will be Magnetically Separated to reach shippable
values and then transported.
The aim is to export 10 Million Tonnes of Ore per Annum.
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Iron Ore Deposits
