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Tiger Resources closes first tranche of A$9 million financing May 29, 2009

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Perth-based emerging copper miner Tiger Resources Ltd (ASX/TSX: TGS) has completed the first tranche of a private placement to clients of RBC Capital Markets.

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MEC Resources announces tender for drilling offshore Sydney Basin May 29, 2009

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MEC Resources Limited (ASX: MMR) announced today a tender process for drilling rig suppliers for the PEP 11 project.

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Hillgrove releases quarterly report May 29, 2009

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Hillgrove Resources (ASX: HGO) has lodged its Quarterly Activities and Cashflow Report for the period ending 30 April 2009.

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Monaro raises a million May 28, 2009

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Monaro Mining NL (“Monaro” or “the Company”) has completed a share placement (“Placement”) raising approximately $1 million after costs. The Placement to a select group of institutional and sophisticated investors pursuant to Section 708 of the Corporations Act was completed at an issue price of 8.5 cents per share and was arranged by Azure Capital Pty Ltd.

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Riversdale Mining appoints new director May 28, 2009

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The Board of Riversdale Mining (ASX: RIV) has appointed Mr Tony Redman as a Non Executive Director of the Company on 27 May 2009.

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Mosaic prepares Churchie-11 for wireline logging May 27, 2009

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Mosaic Oil NL (ASX: MOS) announced today that its Churchie-11 gas/condensate development well (PL 192, Surat-Bowen Basin, Qld, MOS-100%) reached a Total Depth (TD) of 2192 metres at 11:30 hours on 26th May.

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Mosaic progresses Underground Gas Storage discussions May 26, 2009

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Mosaic Oil NL (ASX: MOS) is in discussions with a number of prospective customers for the utilisation of underground gas storage at the Silver Springs-Renlim gas field.

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Exco Resources presents at National Mining Congress May 22, 2009

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Exco Resources’ (ASX: EXS) Managing Director, Mr Michael Anderson, will be presenting at 4.20pm today (WST) at the AMEC 2009 National Mining Congress, which is being held at the Perth Exhibition and Convention Centre.

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Hillgrove completes socialisation programme in West Papua May 21, 2009

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Hillgrove Resources Limited (ASX:HGO), through its local Indonesia-based partner PT Akram Resources, has completed the socialisation phase of its activities for its exciting new Bird’s Head Project (Hillgrove 80%) in West Papua.

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Mosaic reaches 2147m at Churchie-11 well May 20, 2009

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Mosaic Oil NL (ASX: MOS) advises that the Churchie-11 gas/condensate development well (PL 192, Surat-Bowen Basin, Qld, MOS-100%) has reached a depth of 2147 metres. 7” casing has been run and cemented at 2146.9 metres. Rigging up for nitrogen drilling has been delayed due to wet weather conditions that have restricted the movement of equipment to the well. It is expected to take another 4 days to reach total depth once operations are able to resume.

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Exco’s MD provides update on progress at Cloncurry and White Dam May 15, 2009

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Exco Resources’ Managing Director, Mr Michael Anderson, has taken part in an open briefing with corporatefile.com.au to provide an update on the progress of the Cloncurry Copper and White Dam Projects.

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Mosaic spuds Churchie-11 well May 13, 2009

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Mosaic Oil NL (ASX: MOS) has spudded the Churchie-11 gas/condensate development well (PL 192, Surat-Bowen Basin, Qld, MOS-100%) at 16:00 hours on 8th May. The 12-1/4” surface hole was drilled to 228 metres and the 9-5/8” surface casing string was set and cemented. At 6 o’clock this morning, the well was at a depth of 1305 metres and drilling ahead.

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Bow launches extensive drilling campaign on Comet CSG project May 12, 2009

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Bow Energy Limited (ASX: BOW) is starting an eight well exploration drilling and testing program on its Comet Block Coal Seam Gas (CSG) project (ATP 1025P) in Queensland’s Bowen Basin, aiming for a significant increase in 3P certified gas reserves.

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Signature Metals acquires option in million-ounce gold project in Ghana May 12, 2009

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Signature Metals Limited has acquired an option to purchase 70% of the multi million ounce Konongo Gold Project, located in the world class Ashanti Gold Belt of Ghana.

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Hillgrove to raise $4.05M from share placement May 11, 2009

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Hillgrove Resources Limited (ASX: HGO) announced today that it has agreed to place 27 million fully paid ordinary shares at 15 cents per share to a number of sophisticated investors from the Copulos Group.

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