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UNAUDITED PRELIMINARY RESULTS FOR THE YEAR ENDED 31 MARCH 2006 AN EXCELLENT YEAR PDF Print E-mail
Thursday, 03 August 2006
ImageSIRIUS EXPLORATION PLC

(“Sirius Exploration” or “The Company”)

Sirius Exploration acquires and explores mineral properties
UNAUDITED PRELIMINARY RESULTS FOR THE YEAR ENDED 31 MARCH 2006

AN EXCELLENT YEAR
RESULTS
- Flotation o­n AIM in August 2005

- £865,000 gross funds raised during the year

- All planned exploration completed o­n time and within budget

- Increase in net assets to £334,958 (2005: £198,170)

HIGHLIGHTS

- Joint venture, with Phelps Dodge, completed exploration program at Osogovo and Kadiica, two projects in Macedonia

- New claim filed at Kalin Kamen (Eastern boundary of Osogovo), which will be
  wholly owned by Sirius Exploration

- Exploitable grade copper deposit located at Kadiica with the possibility of 
  a  Mine within two to three years

- Agreement signed with Rio Tinto for exclusive use of their exploration database
  relating to Macedonia for a twelve month period


STRATEGY

- Sirius Exploration will continue its successful policy of joint ventures and
  agreements with major mining companies

- Plans to use board’s corporate finance skills to look for acquisitions

- Asking AGM for a substantial increase in the authorised share capital

- Seeking the next generation of targets

For More Details, Please Download the Report
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