Coziron updates W. Sumatra iron sands project

The following is an edited excerpt taken from Coziron Resources Limited quarterly report ended 31 March 2011 released on Thursday.

Agam Iron Sands Project Sumatra, West Sumatra
The Company maintains its interest in the AGAM Iron Sands project, located on the island of Sumatra. The project comprises two licences totalling 3,960 hectares. The two licences are situated approximately 100 kms north-west of Padang, the capital city of West Sumatra. The licences are located on the coastal plains within a few hundred metres of the shoreline. The northernmost tenement has been the focus for exploration of iron rich sands. The concentrations of heavy mineral sands, principally magnetite, occur as distinct bands of varying thicknesses within a sequence of silt, sand and gravel beds below surface. Following reinstatement to official quotation, the Company has commenced a review to determine the how best t6proceed with the project. (end of edited excerpt)