Oxus Mining Plc - One of the most undervalued plays in town ?

LONDON (AFX) - Oxus Mining PLC said it has restated the base metal "measured
and indicated" resources of its zinc-silver-gold-copper-lead deposit at Khandiza
in Uzbekistan, after the completion of an additional 31 hole
diamond drilling programme.
The group said by increasing the cut-off grade from 4 pct, as used in the
preliminary feasibility study, to 5 pct zinc, it found a significant increase in
the grades of zinc, lead, copper and silver but a decreased resource tonnage.
The potential for a smaller higher-grade mine at a lower capital cost will
now be evaluated, Oxus added.
However, the funding and development of the Amantaytau gold project remains
as the company's only short-term construction and development objective.

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