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MZI Resources’ Keysbrook Mineral Sands Project Officially Opened

Argonaut wishes to congratulate MZI Resources (ASX: MZI) on the official opening on Monday 4th April 2016 of its flagship Keysbrook Minerals Sands Project, located 70km south of Perth, by the Honourable Tony Simpson, MLA for Darling Range and Western Australia’s Minister for Local Government; Community Services; Seniors and Volunteering; Youth.


Pictured L to R is Andrew Hastie, Hon Tony Simpson, Mal Randall and Trevor Matthews.

In October 2015 the Keysbrook Project successfully commenced operations with sales of mineral sands products underway in December 2015 and is designed to produce over 95,000 tonnes of high value mineral sands products annually for export to a global customer base.

MZI’s Chairman, Mal Randall, made special thanks to RCF, RMB and Argonaut for financing the Keysbrook Project.

MZI Managing Director, Trevor Matthews said “Today’s official opening of the Keysbrook Project is a tremendous milestone not just for MZI and all those who have worked tirelessly to bring it to fruition, but also for the broader Peel region and WA. Keysbrook represents a unique type of mining project that is closely integrated with the surrounding communities, with almost 90% of employees living within a half hour’s drive and a number of local suppliers and contractors providing services to the site.

It is also a sustainable project with a light footprint that shows mining and environmental stewardship are not mutually exclusive. With total Ore Reserves equivalent to over 15 years of production, we look forward to Keysbrook being a major contributor to the Peel region for many years to come.”

Additional information regarding MZI and the Opening can be found on the company’s website at www.mzi.com.au.