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Norwest Energy updates on TP15 FTG Survey, Perth Basin October 23, 2009

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A preliminary review by Norwest Energy (ASX: NWE) of the airborne FTG survey results (Full Tensor Gradiometry) has confirmed the structural integrity of Xanadu and Redhill South prospects and as prime targets for drilling in the 2010 drilling season. The two targets – Xanadu and Redhill South – are in an underexplored northern Perth Basin permit, TP/15 (Norwest 100%).

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Exco Resources completes $10.1 Million placement to advance Queensland Copper Projects October 22, 2009

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Exco Resources Ltd (ASX: EXS) has completed a placement to raise A$10.1m through the issue of approximately 41.3 million shares at 24.5 cents each.

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MEC Resources gets EPBC Act approval for pre-drilling site survey at PEP11 Offshore Sydney Basin October 21, 2009

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MEC Resources (ASX:MMR) advises that investee company Advent Energy Ltd (“Advent”) has received approval from the Department of Environment, Water, Heritage and the Arts (DEWHA) for the pre-drilling site survey in the offshore Sydney Basin petroleum exploration permit PEP11.

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Monaro Mining progresses its Arizona project alongside Vale October 21, 2009

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Monaro Mining (ASX: MRO) advises that Vale Exploration Canada Inc. (“VEC”), a wholly owned subsidiary of Vale S.A. (“Vale”), has informed the Company in writing that it has exercised its option under the conditions of its letter agreement with Monaro’s wholly owned subsidiary Uranium Corporation Arizona LLC (“UCA”), to move to become the Operator of the project.

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Austral Gold commences Bankable Feasibility Study at Guanaco Project, Chile October 21, 2009

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Austral Gold Limited (ASX:AGD) announces the commencement of a Bankable Feasibility Study (BFS) on its Guanaco Project in Chile. This follows the announcement on 12 June 2009 of nearly one million ounces of gold and gold equivalent resources at this Project.

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Bow triples 2P reserves on Don Juan CSG Project October 20, 2009

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Bow Energy Limited (ASX: BOW) has almost tripled the certified 2P coal seam gas (CSG) reserves on the Don Juan CSG Project to 101 petajoules (PJ), achieving the company’s reserves target for the project over a year ahead of schedule.

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Northern Mining’s drilling results in WA October 20, 2009

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Northern Mining (ASX: NMI) has conducted rotary air blast (RAB) drilling at its Blair North Northern Zone (East Kalgoorlie, WA) which has confirmed an extensive gold footprint measuring approximately 600m by 600m.

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Signature Metals’ high grade gold drilling results in Ghana October 20, 2009

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Signature Metals Limited (ASX: SLB) has received results from the first two diamond core drill holes completed at the Konongo Gold Project in the world class Ashanti Gold Belt of Ghana.

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Impact Minerals provides update via presentation broadcast October 19, 2009

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Impact Minerals Limited (ASX: IPT) has recorded a presentation broadcast to provide an update on the Company’s activities, in particular its highly-ranked uranium targets in Botswana.

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Monaro Mining sees 250% increase in uranium resource inventory at Rio Puerco Deposit, New Mexico USA October 19, 2009

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Monaro Mining NL (ASX: MRO) announces that the detailed, independent re-evaluation of the Rio Puerco mine data-set has resulted in a significant increase in the project’s uranium resource inventory.

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KUTh signs MOU with Vanuatu electricity provider October 16, 2009

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KUTh Energy (ASX: KEN) has signed a Memorandum of Understanding (MOU) with Vanuatu’s power provider UNELCO, to cooperate on developing Vanuatu’s geothermal resources.

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Positive scoping study for Icon’s Mt Carbine Tungsten project October 15, 2009

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Icon Resources Limited (ASX:III) has announced results from an independent Scoping Study into the re-development of the Mt Carbine Tungsten deposit in far north Queensland by John Eltham of Melbourne-based AJE Project Development Consultancy Pty Ltd.

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Impact Minerals updates on new major shareholder and Botswana exploration October 14, 2009

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China Growth Minerals Limited (CGM) has acquired an initial 5.92 million shares in Impact Minerals (ASX: IPT) with an option to acquire a further 5.92 million within six months. The acquisition is a long-term investment by CGM based on Impact’s uranium portfolio in Botswana.

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Exco Resources to resume drilling at Cloncurry Copper & Hazel Creek Projects October 13, 2009

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Exco Resources (ASX: EXS) announces that Reverse Circulation (RC) drilling is scheduled to commence on a number of Exco’s key regional exploration prospects within the Cloncurry Copper and Hazel Creek Projects.

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Signature Metals intersects shallow, high grade gold in Ghana October 13, 2009

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Signature Metals Limited (ASX: SBL) announces that shallow high-grade mineralisation has been intersected in pre-collar drilling at the Konongo Gold Project, located in the world class Ashanti Gold Belt of Ghana.

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