CopperChem Limited, a privately owned resource development company, has advised Exco that mining of oxide ores from Excos wholly owned Mt Colin Deposit in the Cloncurry area in north west Queensland, has been completed.
Exco is entitled to a royalty on oxide ore mined from Mt Colin and an amount of A$117,000 is now payable by CopperChem to Exco.
Exco retains exclusive rights to the remaining resources at Mt Colin.
To read this announcement in full, please click on the link below:
http://www.excoresources.com.au/investors-center/asx-announcements.aspx