Additional Information
Market: ASX
Sector: General Mining - Copper
EPIC: GUN
Latest Price: A$0.14  (3.85% Ascending)
52-week High: A$0.25
52-week Low: A$0.12
Market Cap: A$29.82M
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Gunson Resources
www.gunson.com.au

Gunson Resources is focused on exploration for and development of mineral deposits in Australia. Since its public listing in 2000, Gunson has discovered then completed a Definitive Feasibility Study, in January 2010, on its Coburn Zircon Project in Western Australia and completed a Pre Feasibility Study, in October 2009, on its Mount Gunson Copper Project in South Australia.

A 15 month Bankable Feasibility Study on the Mount Gunson commenced at the end of 2009, with strong interest being shown by several commodity trading houses in funding this Study and the subsequent mine development.

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Gunson Resources appoints RFC as Corporate Advisor

14th Jul 2010, 8:45 am

Gunson Resources (ASX: GUN) has appointed RFC Corporate Finance Ltd (RFC) to assist Gunson with discussions with potential strategic funding and product offtake partners for the Coburn Zircon Project and the consideration of other value realisation and recognition alternatives for the Project.

RFC is a specialist corporate advisory business focused on the natural resources sector. It has substantial expertise and experience in advising on project funding transactions, with specific mineral sands experience.

The Coburn Zircon Project is located primarily on granted Mining Leases near the coast in the Mid West region of Western Australia and is fully permitted for development.

The main mineralised zone consists of a thick horizon of zircon-rich heavy mineral sands within unconsolidated sand dunes. The low waste to ore ratio and low slimes content supports low cost and low risk mining and processing methods.

Gunson announced the results of a Definitive Feasibility Study on the Project on 7th January 2010, which suggested positive economics and a mine life of over 20 years.

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