Cazaly responds to Rio on Shovelanna

CAZALY Resources Ltd has lodged its second submission to the Western Australian Department of Industry and Resources in support of its application for the Shovelanna iron ore project, responding to Rio Tinto Ltd’s opposition. The submission is in response to a request by Rio Tinto Limited to State Development Minister Alan Carpenter to exercise his discretion under the Mining Act to refuse the application on the grounds of public interest. Cazaly had lodged an exploration licence application for the tenement, located approximately 30 kilometres east of Newman, on September 7 2005. This came after the exploration licence, held by previous owner, Hamersley Resources Limited (a subsidiary of Rio Tinto), Wright Prospecting Pty Ltd and Hancock Prospecting Pty Ltd, expired on August 26 2005.