July 2 (Reuters) - Strandline Resources Ltd STA.AX :
* SIGNS ANOTHER BINDING SALES CONTRACT FOR COBURN MINERAL SANDS PROJECT IN WA
* ZIRCON SALES COVERED BY AGREEMENT ARE EXPECTED TO GENERATE ABOUT 6-8 PER CENT OF COBURN'S FORECAST TOTAL REVENUE
* EXISTING AGREEMENTS HAVE A FORECAST COMBINED VALUE OF CIRCA US$475M OVER FIVE YEARS
* OFFTAKE AGREEMENTS FOR ZIRCON AND RUTILE PRODUCTS ARE ADVANCING WELL
* AGREEMENT IS WITH CHILCHES MATERIALS S.A.