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Western Areas NL: Exploration Strategy and Projects Update
Nov. 29, 2010 04:50AM PST
Base Metals Investing Western Areas NL (TSE:WSA,ASX:WSA) announced status on various projects in Canada, Finland and Australia
Western Areas NL (TSX:WSA,ASX:WSA) announced status on various projects in Canada, Finland and Australia.
The press release is quoted as saying:
Western Areas’ Board has a very positive view on future nickel prices and as a result, the Company’s exploration budget has been increased 30% to A$20M for CY 2011. This budget excludes FinnAust Mining Plc (WSA 75%), which is intended to become self funded from March Q 2011. This increase in exploration activity is part of a clear strategy to develop Western Areas towards becoming a major global nickel company
To access the full release, click here.
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