Western Areas NL: Exploration Strategy and Projects Update

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.