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FIRESTONE ENERGY LIMITED
Thursday, November 19, 2009
Firestone Energy announced its joint venture with Sekoko Resources entered into an irrevocable agreement with the owner of Smitspan to acquire the surface rights of the Smitspan farm, which includes a total area of 1,166 ha, within the Waterberg Coal Region, Limpopo province, South Africa.
Property: SMITPSAN, HOOIK,MINNA,MASSEN
(Complete Text of Nov 20, 2009 News Release)
HADDINGTON RESOURCES LIMITED
Thursday, November 19, 2009
Haddington Resources announced it has successfully completed its non-renounceable rights offer. The fully underwritten rights offer for 63,494,057 new shares, originally announced on 15 October 2009, closed on 17 November 2009 and raised approximately $10.8 m before issue costs. Proceeds will be used for working capital and to claw back 30% of the Mt Webber Iron Ore Project.
Property: MT WEBBER
(Complete Text of Nov 20, 2009 News Release)
SUNDANCE RESOURCES LTD
Thursday, November 19, 2009
Sundance Resources announced that A$47,326,694 was raised in the first tranche of financing pursuant to the A$85 m placement announced on 6 November 2009. 315,511,294 shares were issued at A$0.15 per share. The balance of 1,295,127 shares are expected to be issued shortly taking the total amount raised in the first tranche to $47,520,963. The second tranche of the placement will be completed after shareholder approval is obtained on 9 December 2009. This issue will comprise of 249,860,246 shares at $0.15 per share, to raise $37,479,037. The proceeds will be used for drilling, working capital, and to complete a Definitive Feasibility Study of the Mbalam Project.
Property: MBALAM
(Complete Text of Nov 19, 2009 News Release)
SUNDANCE RESOURCES LTD
Thursday, November 19, 2009
Sundance Resources Limited announced today that it has completed a placement agreement to raise A$85m from international institutional investors. The proceeds of the raising will be used to complete Definitive Feasibility Study of the Mbalam Project in Cameroon, including mine, process, transport and port infrastructure, undertake drilling to define further High Grade mineralisation on the company’s portfolio of exploration landholdings and provide general working capital.
Property: MBALAM
(Complete Text of Nov 9, 2009 News Release)
IRONCLAD MINING LIMITED and TRAFFORD RESOURCES LIMITED
Thursday, November 19, 2009
IronClad Mining Limited (IFE) advise that they have signed a “Cargo Logistics Proposal” with Flinders Ports to export two million tonnes per year of iron ore to be produced from Wilcherry Hill through Port Adelaide, from September, 2010. Port Adelaide has emerged as the best shipping option among the existing South Australian ports to fast track IronClad’s Direct Shipping Ore (DSO) from Wilcherry Hill into production. Its selection as the initial export outlet does not rule out the proposed Port Bonython bulk shipping facility or other existing South Australian ports from selection in future as the main export port for the larger scale long term development of Wilcherry Hill and the adjacent Hercules iron ore projects. Trafford Resources has a 50% direct interest in IFE and a 20% free carried interest in the Wilcherry Hill Iron Ore Project.
Property: WILCHERRY HILL
(Complete Text of Nov 19, 2009 News Release)
OROCOBRE LIMITED
Thursday, November 19, 2009
Orocobre Ltd announce completion of a number of strategic purchases and purchase contracts on approximately 41,000 hectares of properties around its Olaroz Lithium-Potash project in Argentina.
Property: OLAROZ LITHIUM
(Complete Text of Nov 19, 2009 News Release)
PIONEER RESOURCES LIMITED
Thursday, November 19, 2009
Pioneer Resources announced that a six hole diamond core drilling program was completed at the company’s 100% owned Lignum Dam Gold Project, Western Australia. A total of 465.9 m of core was drilled primarily to provide structural geological data. Highlights include; drill hole LDDD028 which interesected 6.79 m at 8.06 g/t from 80.2 m. The program extended the known mineralisation down dip, to at least 150 m, of previously announced results. A 3,000 m reverse circulation drill program is scheduled to start soon testing strike extensions to the mineralisation.
Property: SILVER SWAN NW (LIGNUM DAM)
(Complete Text of Nov 19, 2009 News Release)
ZINC CO AUSTRALIA LIMITED
Thursday, November 19, 2009
Zinc Co Australia Limited announce rock chip sampling results from the company’s 100% owned Mount Alexander iron ore project near the Port of Onslow in the West Pilbara region of Western Australia. Results for an additional 324 rock chip samples of the Mount Alexander BIF unit were reported. Average values for the samples are 34.0% Fe, 48.0% SiO2, 0.6% Al2O3, 0.1% P and 0.0% S.
Property: MOUNT ALEXANDER
(Complete Text of Nov 19, 2009 News Release)
PROTO RESOURCES AND INVESTMENTS LTD
Thursday, November 19, 2009
Proto Resources & Investments announced that 86 Aircore drill holes have now been completed at Barnes Hill, Tasmania, Australia. Assay results are pending. The complete program consists of approximately 350 holes for 6,000 m. In addition, drill permits for the second diamond drill hole at Lindeman’s Bore, Northern Territory, Australia, have been received. A drill rig is being mobilized to test the centre of the magnetic anomaly on the property, which is 1,900 m north of drill hole LBD-1 completed in June 2009.
Property: BARNES HILL and LINDEMAN'S BORE
(Complete Text of Nov 19, 2009 News Release)
PROTO RESOURCES AND INVESTMENTS LTD
Thursday, November 19, 2009
Proto Resources & Investments announced that the second stage resource drilling program at Barnes Hill, Tasmania, Australia, is set to begin on 10 November 2009. The first stage of this drilling program was completed in December 2008. The program will continue on a nominal 50m x 50m grid pattern, with some closer spaced traverse lines to also be completed in order to validate the current resource model. The drilling will also seek to upgrade portions of the current Indicated Mineral Resource to a Measured status and test for possible extensions to the deposit.
Property: BARNES HILL
(Complete Text of Nov 3, 2009 News Release)

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