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viking86

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viking86

Re: registeredfororpyct post# 657

Wednesday, 02/02/2011 6:34:22 PM

Wednesday, February 02, 2011 6:34:22 PM

Post# of 758
Thanks for the two news alerts, good news indeed.

Not sure how long it will take Apollo to begin the mining but they are making good progress with this Phase 2 drilling phase at Mount Oscar. Metallurgical test results of this phase should be available by the end of Q1, 2011. Seems also that the mine may produce other minerals besides iron ores. With a 19% ownership, that's extra revenue for CNAM besides securing the iron ore supply for the long term.

Again thanks for your contributions and Welcome on Board!


The company has attracted two strategic Chinese investors which are keen to see Apollo develop
iron ore projects that have the potential to provide a source of iron ore and other minerals to the
growing Chinese market.
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