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Additional Information

Market:	ASX
Sector:	General Mining
EPIC:	PRW
Latest Price:	0.02 (-4.55% )
52-week High:	0.07
52-week Low:	0.02
Market Cap:	9.55M

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Proto Resources & Investments

Proto Resources & Investments (ASX: PRW) flagship is the Barnes Hill nickel-cobalt-iron project located in northern Tasmania, which is steadily advancing towards production. Subject to a successful feasibility outcome, Barnes Hill is slated to commence mining in early 2013 with a potential 26 year mine life at 250,000t per annum.

Proto Resources & Investments to drill at Mt Vetters, following success at Lindeman's Bore

Wednesday, June 17, 2009

Following the thrills from results received from the nickel sulphide drilling program at Lindeman’s Bore, Proto Resources & Investments (ASX: PRW) will follow-up with drilling of the Mt Vetters project in July.

Targeting potential nickel sulphide mineralisation to the south of the Black Swan/Silver Swan nickel mineralisations, the project is also considered prospective for gold mineralisation.

Proto will drill approximately three Reverse Circulation holes at Mt Vetters to a depth of 300m, following up geophysical work completed earlier this year. An update on the Lindeman’s Bore project will be provided as further work is done on the core prior to assays. A final drilling report will be submitted early next week after compilation.

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