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RCR’s Equity Research Report: Junior and Mid Tier Gold Companies December 18, 2009

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Resource Capital Research (“RCR”), an equity research company which focuses on small and mid size resource companies, today launched its major quarterly research report covering 16 gold exploration and development companies.

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MARP approved for Hillgrove’s Kanmantoo copper/gold project December 18, 2009

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Hillgrove Resources Limited (ASX: HGO) announces the approval of its Mining and Rehabilitation Program (MARP) by the Department of Primary Industries and Resources SA (PIRSA) for the Kanmantoo Copper/Gold Mine Project in South Australia.

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Impact Minerals completes initial tranche of $5 million placement December 17, 2009

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Impact Minerals (ASX: IPT) confirms completion of the first tranche of its share placement to raise $5 million. The company has issued of 13,199,999 fully paid ordinary shares at 21 cents per share, raising $2.772 million.

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Reed Resources locates robust geophysical target beneath historic 5.1% nickel gossan December 17, 2009

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Reed Resources Ltd (ASX: RDR) reports that it has located a robust IP-EM anomaly along strike and below a historic 5.1% nickel gossan at the Mount Finnerty Project. An RC drilling programme has been organised to take place in January 2010.

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Advent Energy progresses PEP11 seismic reprocessing December 16, 2009

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MEC Resources (ASX: MMR) advises that investee company Advent Energy Ltd (“Advent”) is progressing its reprocessing of 2004 2D seismic data acquired over PEP11 in the offshore Sydney Basin.

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Reed Resources announces maiden iron ore resource at Mt Finnerty JV December 15, 2009

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Reed Resources (ASX: RDR) has announced that a maiden JORC Code compliant resource (Inferred) of 4.66 Mt (average grade 53.5% Fe) has been delineated at the Mt Finnerty iron ore project in Western Australia.

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Uranium Sector Equity Research by RCR December 15, 2009

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Resource Capital Research (“RCR”), an equity research company which focuses on small and mid size resource companies, today launched its major quarterly research report covering 16 global uranium exploration and development companies.

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Icon Resources commences drilling at Mt Carbine December 15, 2009

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Icon Resources (ASX: III) has commenced drilling at Mt Carbine (Qld, Australia), starting with testing of the Iron Duke scheelite zone. The results of the drilling will be used to extend and better define the tungsten resource at Mt Carbine. It is anticipated that around 5000m of core will be drilled during the program.

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Exceptional drill results at Konongo Gold Project for Signature Metals December 15, 2009

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Signature Metals (ASX: SBL) announces further high grade drilling results from the Obenemase Deposit, within the Konongo Gold Project in the world class Ashanti Gold Belt of Ghana.

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Hillgrove Resources identifies additional gold zones at Sumba December 14, 2009

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Hillgrove Resources Limited (ASX: HGO) announces further results from the Eastern Vein system and the reconnaissance rock chip/ float sampling completed at both Pahandanjal and North Pahandanjal Prospects at the Sumba Project, Indonesia.

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