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KINGSTON RESOURCES LIMITED — Capital/Financing Update 2011
Apr 19, 2011
65206_rns_2011-04-19_e6023d17-c637-47b1-84f3-aeee42e4d6fe.pdf
Capital/Financing Update
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----- Start of picture text ----- OROYAMining Limited----- End of picture text -----
ABN 16 009 146 794
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Suite 3, 72 Canning Highway, Victoria Park, WA, 6100, Australia Telephone: (08) 93613887 Facsimile: (08) 93612658 Web: www.oroya.com.au
ASX Announcement 20 April 2011
MT BARRETT JONT VENTURE
M12 RARE EARTH TARGET DRILLING UPDATE
The Company has been advised by the drilling contractor that due to further rain in the Northern interior of Western Australia the mobilisation of the drill rig to site this week is behind schedule. The Company has been assured by the contractor that they are taking all measures to be onsite promptly to complete the planned 900m drilling program on the M12 (Mt Weld Style Rare Earth) Target.
We look forward to providing further information on the development of the project as we progress.
Re Mt Barrett Joint Venture
Datamotion Asia Pacific Limited is earning 70% in the project and Oroya Mining Limited is free carry for 30% to a decision to mine.
Ken Lim Executive Chairman