CZR Resources Ltd. announce that it has taken a major step towards development of its Robe Mesa iron ore project by securing Mining Licences for its key deposits. The Robe Mesa deposit sits immediately north of Rio Tinto's Mesa F project while the P529 deposit is immediately south of Mesa F. The WA Department of Mines, Industry Regulation and Safety granted Mining Licences M08/533 (Robe Mesa Deposit) and M08/519 (P529 Deposit) for a period of 21 years. This follows the signing of the Mining Agreement with the Robe River Kuruma Aboriginal Corporation that provides economic and social benefits to the traditional owners and consent for mining to be undertaken at the Robe Mesa iron ore project.

Granting of the Mining Licences further adds to CZR's Definitive Feasibility Study (DFS) for Robe Mesa. This is in addition to CZR's recently announced consortium agreement with Strike Resources and CSL Australia to develop a joint export facility from the existing Port of Ashburton. The Company has also made significant advancements in its strategy to grow mine life and production rates at Robe Mesa, with the recent Mineral Resource increase to 45.2Mt and acquisition of the FMG tenement, expanding CZR's P529 deposit, located only 5km from Robe Mesa.