Matilda Zircon Limited is an ASX-listed resource company (ASX: MZI) focused on the development of mineral sands operations to feed zircon and titanium minerals into the expanding Chinese market.

Matilda has a mine in the Lethbridge Bay area in the Tiwi Islands in the Northern Territory.

In addition Matilda has an advanced project at Keysbrook, approximately 70kms south of Perth in Western Australia.

The eight year Keysbrook mineral sands project has received Environmental approval from the Western Australian Minister for Environment and is currently seeking Development Approval from the State Administrative Tribunal of the WA Planning Department.

Matilda plans to start construction of the Keysbrook Mine in late 2012 with mining anticipated for late 2013.

Matilda is led by an experienced Board andmanagement team, with proven track record in project development and specific expertise in the mineral sands and zircon industries. Matilda’s major shareholder is Stirling Resources Limited, which is a strong supporter of zircon and has strategic partnerships with the international commodity marketing group DCM DECO metal.