Coziron updates W. Sumatra iron sands project

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

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 is located on the coastal plains within a few hundred metres of the shoreline. The focus is on 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. The Company recently met with the joint venture partner and is proceeding with the appointment a consultant geologist to report to the Board in relation to the project. (end of edited excerpt)