EXPLORATION & DEVELOPMENT

Roseby upgrade paves way for 2005 development

WESTERN Australian junior Universal Resources is set to accelerate feasibility and development activities at its Roseby copper-gold project after announcing a 38% resource upgrade and confirming the potential economic viability of the sulphide resources at the north Queensland project.

Brad Ricks

Roseby upgrade paves way for 2005 development

The total inventory of sulphide resources at Roseby now stands at 15.5 million tonnes grading 1.1% copper and 0.28gpt gold for 170,000t of contained copper and 140,000 ounces of gold. This represents...

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