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MIRABELA NICKEL LIMITED
Friday, November 20, 2009
Mirabela Nickel announced that the commissioning of the Santa Rita processing plant has progressed to expectations with only minor rectification issues identified to date. All mechanical and electrical components have run to the current installed nameplate capacity of 4.6 million tonnes per annum.
Property: SANTA RITA-BRAZIL
(Complete Text of Nov 20, 2009 News Release)
KENT EXPLORATION INC.
Friday, November 20, 2009
Kent Exploration announced that through its wholly owned subsidiaries, Archean Star Resources Australia Pty Ltd and Archean Star Resources Inc, it has entered into an Option Agreement with Teck Australia Pty Ltd, to earn 100% of Teck Australia’s interest in the Gnaweeda Gold Project, Western Australia. Teck Australia currently has the right to earn a minimum 70% interest in the project from Chalice Gold Mines Ltd.
Property: GNAWEEDA (MURCHISON)
(Complete Text of Nov 17, 2009 News Release)
TORO ENERGY LIMITED
Friday, November 20, 2009
Toro Energy announced it successfully completed a share purchase plan to raise approximately A$21.09 m at $0.15 per share. Funds raised from the recent capital raising initiative add up to approximately $61 m. The proceeds will be applied to the Bankable Feasibility Study and approvals for the Wiluna Uranium Project, Western Australia, exploration initiatives such as the recent discovery at Lake MacKay, Western Australia, and strategic corporate and project consolidation opportunities.
Property: LAKE MACKAY PROJECT and WILUNA (LAKE WAY/CENTIPEDE)
(Complete Text of Nov 20, 2009 News Release)
IMPERIAL CORPORATION LIMITED and PEEL EXPLORATION LIMITED
Friday, November 20, 2009
Peel Exploration announced the company has completed the settlement of the acquisition of the May Day mining lease (ML1361), located in New South Wales, Australia. All conditions precedent to the settlement have been met. Accordingly, Peel Exploration has issued 2,750,000 ordinary shares to Imperial Corporation in consideration for the property, and paid $43,000 to the NSW Department of Primary Industries as bond relevant to ML1361.
Property: MAY DAY-COBAR
(Complete Text of Nov 20, 2009 News Release)
MUTINY GOLD LIMITED
Friday, November 20, 2009
Mutiny Gold Ltd has, following its recently completed “first phase” drilling program and review of all available historical data, delineated gold mineralisation range of 400,000 to 750,000oz, with grades predicted to be between 2 – 4 g/t, at the Bounty gold prospect within the company’s White Well Gold Project in Western Australia. Mutiny is currently planning extensive follow-up exploration program to commence in Q1 2010.
Property: WHITE WELL - MUTINY
(Complete Text of Nov 16, 2009 News Release)
EASTERN IRON LIMITED and PLATSEARCH NL
Friday, November 20, 2009
Eastern Iron has commissioned a preliminary study of the overall economic potential of Eastern Iron’s Cobar and Main Line projects, NSW, Australia. The study outlined the concepts behind the development of a low capital cost, 1.5 Mtpa direct shipping operation at a specific Eastern Iron deposit within the Cobar project area - the Belah Tank prospect. The design concept proposed that the ore be dry screened and pre-concentrated through magnetic separation before being trucked to a rail siding at Hermidale and railed to the Port of Newcastle.
Property: EASTERN IRON PROJECT and MAIN LINE
(Complete Text of Nov 19, 2009 News Release)
AQUILA RESOURCES LTD
Friday, November 20, 2009
Aquila Resources announced that the placement of 43,946,413 shares for a total subscription price of $285.6 m to a Baosteel Group Corporation subsidiary, was finalised today.
(Complete Text of Nov 20, 2009 News Release)
CONVERGENT MINERALS LIMITED
Friday, November 20, 2009
Convergent Minerals announced more gold intersections from the ongoing drill program at the Violet Discovery and Blue Vein Deposit located on the Bounty Project, Western Australia. At the Violet Discovery drilling extended the mineralised envelope with broad nearsurface intercepts, highlights include; Hole CVG136 which intersected 19 m averaging 4.08 g/t gold from 6 m. Drilling at the Blue Vein Deposit intersected 15 m averaging 4.12 g/t gold from 210 m in Hole CVG109 and 11 m averaging 5.14 g/t gold from 79 m in Hole CVG105. In addition, the company commenced a Sub-Audio Magnetic survey to the south of the property, an area prospective for both gold and nickel mineralisation.
Property: BOUNTY
(Complete Text of Nov 20, 2009 News Release)
NEX METALS EXPLORATIONS LTD
Friday, November 20, 2009
Nex Metals Explorations announced the recent mineral resource estimate previously announced on 4 Nov 2009 has prompted its directors to reassess the Kookynie Gold Project, Western Australia, in terms of a bulk tonnage low grade Heap Leach operation. A plan whereby gold production may be robustly and inexpensively expanded to 100,000 ounces of gold per annum, in addition to the 15,000 ounce Phase 1 dump leach, has been developed. This plan is now in the Comprehensive Feasibility Study (CFS) stage.
Property: KOOKYNIE GOLD PROJECT (NEX)
(Complete Text of Nov 20, 2009 News Release)
NEWMONT MINING CORP
Friday, November 20, 2009
Newmont Mining Corporation announced today that its Boddington operation in Western Australia has achieved commercial production. Upon ramp up to full production, key operating highlights for Boddington include: First five year average annual gold production: ~1,000,000 ounces; First five year average costs applicable to sales (net of by-product credits): ~$300 per ounce; and Estimated mine life in excess of 24 years.
Property: BODDINGTON MINE
(Complete Text of Nov 19, 2009 News Release)

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