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NSL Consolidated Announces Project Update
Friday November 6, 2009, 8:26 am

Original Announcement: Project update

NSL Consolidated provided an update on its Site 1 acquisition, reporting it reduced its Site 1 acquisition costs by A$2m and extended the settlement period by two months, to on or before 9 March 2010. The company also announced that the drill rig has been temporarily redeployed from Site 1 to Site 2 to assist in data collection and model generation, which will accelerate the strategy for Site 2 where mining is due to start in late 2009 for early 2010 shipment and cash flow.

More information about NSL.AX
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