Dec 17 (Reuters) - CI Resources Ltd CII.AX :
* Market update CII.AX
* Company is pleased to advise that PRL has been granted leases on four sites
* PRL has been granted leases on four sites, which are 50 year leases with an option to extend for a further 49 years
* Minister also granted a phosphate exploration licence to enable further investigations of phosphate stocks on christmas island"
* Source text for Eikon ID:nASX8bz5WW