🕐25.07.08 - 07:05 Uhr

Heemskirk Tin Project Transaction



Attached is a copy of Gippslands announcement relating to the Heemskirk Tin Project (formerly known as the Zeehan Queen Hill deposit) which is presently owned 60% by Stellar Resources Limited and 40% by Gippsland Limited.

Gippsland has long recognised the significant value in this project however not being the operator the Company was unable to instigate the work programmes it would have preferred.  We welcome the vigour of a new, focused company in moving this excellent project forward in the present buoyant environment for tin.  This will benefit our shareholders by giving Gippsland a market value for this asset.

 

Regards

Jack Telford
Executive Chairman
Gippsland Limited
www.gippslandltd.com

 

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