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Apex Minerals NL - 13-Sep-04

Has formed an alliance with Canadian mining house Noranda Inc to hunt for giant porphyry copper-gold deposits in Xinjiang province, western China. Noranda will subscribe for 700,000 new Apex shares at a price of 20 cents each for a consideration of $140,000 taking its holding to 5.7% inclusive of the current 4.% interest held through majority owned Falconbridge (Australia) Pty Ltd.

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