Murchison Metals Limited (ASX:MMX) Announce Oakajee Port And Rail Confirms High Demand For Oakajee Port Capacity

Perth, Feb 16, 2010 AEST (ABN Newswire) - Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that Oakajee Port & Rail (OPR) has received tonnage nominations for the new Oakajee Port in excess of the initial stage 1 capacity of 35 million tonnes per annum.

The tonnage nominations are a critical part of the feasibility studies for the port and the associated rail infrastructure.

Murchison and Mitsubishi Development Pty Ltd each own 50% of OPR.

Among the miners nominating tonnages for the new port is Crosslands Resources Limited, also 50% owned by each of Murchison and Mitsubishi.

Operations at Oakajee Port are due to commence in late 2013 / early 2014.

For the full Murchison Metals ASX Announcement and a copy of OPR's media announcement, please click the link below:

http://www.abnnewswire.net/media/en/docs/62287-ASX-MMX-480620.pdf

Contact

Paul Kopejtka Executive Chairman Murchison Metals Ltd Tel: +61-8-9492-2600