Padbury Mining updates on Oakajee Port Project.

Padbury Mining Limited is continuing its negotiations with potential investors and engineering, procurement and construction companies interested in the development of the deep water port at Oakajee and its associated rail network.

It has commenced the process of identifying its owner's team members and has had in depth discussions with a number of key engineering consultants to move towards completing its concept for the port and rail elements of the project. The proposed process will entail Moving from pre-easibility to definitive feasibility studies, including front end engineering and design.

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