CWH Resources Limited (ASX:CWH) Update On Mining Leases Acquisition In Queensland

CWH Resources Limited (ASX:CWH) announced on 7 December 2010 it entered into a contract with Success Seminars Pty Limited to purchase two mining leases (ML10124 & ML10125) located approximately 27km south of Charters Towers in Queensland.

Options to acquire these leases expired on 28 February 2011.

The Board is now waiting for reports to decide if the acquisition will proceed further.

About CWH Resources Limited

CWH Resources Limited (ASX:CWH) is regarded to be the first company with an operational base in Western China to be successfully listed on ASX. Its operational base and offices undertakes production, marketing, R&D and strategic investments in building materials, mining, construction and other allied industries. It has developed a respected quality and market position for its products.

 

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