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Discovery Metals Reports 75 Percent Increase in Total Assets and Equity.

Mmegi/The Reporter (Botswana) - AAGM

| September 22, 2009 | COPYRIGHT 2008 AllAfrica Global Media. (Hide copyright information)Copyright

Promoters of the Boseto Copper project, Discovery Metals Limited, have announced its financial results for the financial year ended June 30, 2009, with a more than 75 percent increase in both total assets and equity.

In the period under review , total assets grew to AUD$30.9 million (P172 million) as at June 30. The company says the exploration asset in Maun grew from AUD$12.3 million ( P70.7 million) to AUD$22.8m (P131.1 million, reflecting the significant amount of money spent progressing the infill drilling programme and the feasibility study for the Boseto Copper Project in the North-West District.

The company is solely Botswana focused at present, with the …

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