![]() |
ENTERPRISE METALS LIMITED Friday, November 20, 2009 Enterprise Metals announced that analytical results have been received from holes GKRC011- GKRC016 drilled on the Golden King prospect located on the Revere project, Western Australia. These holes are part of an ongoing reverse circulation drill program testing geophysical and geochemical targets. Highlights include; Hole GKRC013 which encountered a 49 m zone of anomalous zinc averaging 126 ppm zinc from 104 m, and 44 m zinc zone averaging 137 ppm zinc from 188 m. Property: REVERE (Complete Text of Nov 20, 2009 News Release)
SUMATRA COPPER & GOLD PLC Friday, November 20, 2009 Sumatra Copper & Gold announced the commencement of a minimum of 5,000 metres of drilling at the Tembang project, in Indonesia. Property: TEMBANG (Complete Text of Nov 20, 2009 News Release)
GOLD AURA LIMITED Friday, November 20, 2009 Gold Anomaly Limited announced it has agreed terms for a placement of approximately 128.5 m shares at $0.035 per share to various investors to raise A$4.5 m. (Complete Text of Nov 20, 2009 News Release)
MONAX MINING LIMITED Friday, November 20, 2009 Monax Mining announced its 2010 drilling program across four South Australian projects. The drill program roll-outs include new work at Monax’s Punt Hill copper-gold project south of Olympic Dam, and maiden drilling at the Melton project on the Yorke Peninsula, plus new drilling programs at Waddikee manganese project on the Eyre Peninsula and at the base metals and gold project near Pardana on Kangaroo Island. Property: MELTON, PUNT HILL and WADDIKEE (Complete Text of Nov 20, 2009 News Release)
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. In Addition, over 1,000 tonnes of nickel concentrate has been produced and delivered to Votorantim. Concentrate stocks are expected to increase as transport and logistics arrangements are finalized and scaled up to match the increasing production levels. (Complete Text of Nov 20, 2009 News Release)
DRAGON ENERGY LTD Friday, November 20, 2009 Dragon Energy announced it has made applications for three Exploration Licences, E59/1639 Carters Well, E59/1638 Mt Gibson, and E59/1637 Pedan Rocks, in Western Australia. The application areas are between 270 and 450km northwest of Perth covering a combined area of 463km2 and are prospective for banded iron formation hosted iron ore mineralisation. (Complete Text of Nov 20, 2009 News Release)
JINCHUAN GROUP LIMITED and PANORAMIC RESOURCES LIMITED Friday, November 20, 2009 Panoramic Resources announced Jinchuan Group and Sino Nickel Pty. Ltd. have agreed to extend the offtake of concentrate from Savannah nickel/copper/cobalt mine, Western Australia, for a further 10 years from 1 April 2010 on similar terms to the original Concentrate Sales Agreement signed in 2003. Property: SAVANNAH (SALLY MALAY) (Complete Text of Nov 20, 2009 News Release)
SIRIUS RESOURCES NL Friday, November 20, 2009 Sirius Resources advises that the second of its tenements close to BHP’s Olympia nickel-copper-platinum group metals (PGM) deposit has been granted, and another newly granted tenement held by Mark Creasy has been incorporated into the Collurabbie Joint Venture. Sirius now has access to all three tenements to the north, north east and west of the Olympia deposit and is able to commence exploration on this ground. Property: COLLURABBIE PROJECT (Complete Text of Nov 20, 2009 News Release)
INTEGRA MINING LIMITED Friday, November 20, 2009 Integra Mining Limited has accepted an offer of project finance from joint lenders BNP Paribas and Westpac Banking Corporation. The offer of finance for construction and development of the Randalls Gold Project in Western Australia includes a senior debt facility of $45 million, a cost overrun facility of $5 million and a performance bond facility of $5 million. Property: RANDALLS (SALT CREEK, RED DALE) (Complete Text of Nov 20, 2009 News Release)
BEACON MINERALS LIMITED
Friday, November 20, 2009 Beacon Minerals announced that a new three stages drilling program will be conducted at the Barlee project in Western Australia. The RC drilling will focus on Halleys East, Crabman South and Phil prospects, while the RAB work will be used to further define the mineralised regional targets. Property: BARLEE (Complete Text of Nov 20, 2009 News Release) AUSTRALIAN NEWS ON THE WEB
|