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Conto to acquire advanced copper and zinc project in Fiji
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Friday, 26 Oct 2012
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The Board of Conto Resources Limited announced that the Company has entered in to a conditional binding heads of agreement to acquire up to 100% shareholding in Dateline Resources Limited.

Dateline, through its wholly owned subsidiary Matai Holdings Limited (Matai), a Fijian incorporated private company, owns the Nukudamu Polymetallic Metal Project (Nukudamu).

Nukudamu is situated on three contiguous Special Prospecting Licenses on Vanua Levu Island, the second largest island in the Republic of Fiji.

Nukudamu comprises the Udu Deposit located on the site of a previously mined open pit polymetal mine and both advanced and greenfield's exploration targets in the surrounding SPLs.

Source - Conto Resources

(www.steelguru.com)

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