MinRex Resources Limited announced the granted tenure of the Mt Pleasant Project. The Project is hosted within the world class polymetallic mining province of the Lachlan Fold Belt, NSW. The Mount Pleasant licence (EL 5947) is located approximately 30km south of Mudgee in central west NSW and has a total area of 167 sqkm. The Castlereagh Highway between Lithgow and Mudgee passes along the eastern boundary of the tenement. Networks of sealed and unsealed roads and tracks provide good access to the tenement. From 1975 to 1982, CSR Limited and Pacminex Pty Limited completed 47 Diamond holes 47 for 14,986m and 9 Percussion Holes for another 996m. In total there has been over 15,897m completed just over the Mt Pleasant prospect. Other exploration programs include ground geophysics, geological mapping, stream sediment and rock chip sampling.