Perth-Copperco Ltd. said Oct. 7 that it is investigating the expansion of its exploration and development activity to include rock phosphate assets, including several historically defined phosphate occurrences within the Lady Annie Copper Project tenement package. CopperCo has also acquired – through the merger with Mineral Securities Ltd. – a large grassroots tenement package within the Georgina Basin that is highly prospective for phosphate. Lady Annie mine infrastructure is located close to known phosphate occurrences and may provide a platform to fast-track development of any phosphate resource that proves economic. CopperCo owns a 100 percent interest in historically defined rock phosphate prospects located adjacent to its Lady Annie Copper Mine and SX-EW operation in Queensland, and also has extensive exploration areas in Queensland and the Northern Territory prospective for new phosphate discoveries.
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