Angus & Ross plc started exploration in Brazil late in 2002, with the primary objective of smaller but low cost tantalum production. Later, gold was added as a target mineral.
The Brazilian subsidiary is owned by St Andrews
Mining Ltd, which is 62% owned
by Angus & Ross plc. The Company has 3 projects, all of which are
inactive.
The investment is carried at nil value and sale opportunities are
being sought for the Brazilian projects.
Visit www.standrewsmining.com for
further details >>