Strzelecki Metals Limited

Australian Market Report of January 10, 2011 includes: Strzelecki Metals Limited (ASX:STZ) was granted a copper exploration licence in Poland; Botswana Metals Limited (ASX:BML) announced additional laboratory results at its Dibete prospect in Botswana; GRG International Limited (ASX:GRG) secured its first ATM sales in India; Avalon Minerals Limited (ASX:AVI) is to raise A$10.4m to fund Viscaria Copper and Iron Ore Project in Sweden.

Strzelecki Metals Limited (ASX:STZ) is pleased to announce that it has received a 5 year extension to its exploration licence in Poland. The new irrevocable licence granted by the Polish Government is valid to 21st May 2016 and can be extended up to a total of 30 years. The area of the licence, which is located in the vicinity of the towns Myszkow and Zarki in southern Poland has been slightly reduced from 234 km2 to 211 km2 mainly due to administrative reasons.

Exploration drilling has commenced on one of the most under-explored potential gold and base metals areas in Australia - the Warburton-Egerton area in Western Australia near the border with South Australia.