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AIC Mines Ltd IAUFF

Metals & Mining Industrial Metals & Minerals
AIC Mines Limited is an Australia-based resources company. The Company is engaged in the exploration, mine development, mine operations and the sale of copper concentrate in Australia. Its projects include the Eloise Copper Mine, Marymia Project and Lamil Project. The Company owns the Eloise Copper Mine, a high-grade operating underground mine located Southeast of Cloncurry in North Queensland. It is also advancing a portfolio of exploration projects that are prospective for copper and gold, which include Jericho Copper Mine, Pyramid Project, Delamerian Project, Peake and Denison Copper Project and Windsor Base Metals Project. The Eloise Regional project consists of approximately 2,000 square kilometers (km2) of contiguous tenure. The Marymia Project is located approximately 160 kms south of Newman in the eastern Gascoyne region of Western Australia and covers approximately 3,600 km2. The Lamil Project is located in the Paterson Province of Western Australia.


OTCPK:IAUFF - Post by User

AIC Mines Ltd
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Comment by jcjohn36on Jun 28, 2010 4:15pm
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Post# 17228405

RE: RE: RE: RE: change of plans

RE: RE: RE: RE: change of plansno i'm referring to their actual drilling permit... from Managements D&A release May 25th below - there still has been no announcement of a visit or license renewal...and I'm sure we will see a separate release the day they announce the reclassification of the Forestry zone - if that ever happens!

Forestry Status:

The Forestry Permit which allows PT IMN to conduct exploration activities within forestry

areas expired on 16 February 2010. Application had been lodged for the renewal of the

permit, but PT IMN understands that, as a matter of informal policy, the Forestry Department

is currently not issuing renewals nationally pending reviews of projects within the resources

sector. The Forestry Department requested PT IMN temporarily to halt exploration activities at

Tujuh Bukit, pending a decision on the renewal of the permit.

The Company has been advised that a team from the Forestry Department will be undertaking

a site visit to the project in the next five days.

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