Minotaur Exploration gets positive Results from drill testing of gold biogeochemical target June 30, 2010
Posted by Fortbridge in Mining.Tags: drill results, minotaur exploration, positive results, sa, tunkillia
add a comment
Minotaur Exploration Limited (ASX: MEP) announces results from exploration drilling at Tunkillia in western South Australia. Four greenfields exploration targets within the prospective Yarlbrinda Shear Zone were drill tested, with the most encouraging results being returned from the Tomahawk biogeochemical target.
Liberty Resources’ positive scoping study June 29, 2010
Posted by Fortbridge in Energy.Tags: denison, liberty resources, queensland, scoping study, ucg
add a comment
Liberty Resources Limited (ASX: LBY) has completed a nine month scoping study to validate the economics of an Underground Coal Gasification (‘UCG’) syngas project in the Denison Trough in Queensland.
MEC Resources enters $4.5 million funding agreement June 29, 2010
Posted by Fortbridge in Energy.Tags: bha, funding agreement, mec resources
add a comment
MEC Resources Limited (ASX: MMR) has entered into a funding agreement with Bob Healy and Associates (“BHA”). Upon receipt of the final payment BHA will be issued 12,857,143 shares at 35 cents per share as agreed by MEC and BHA on 21 June 2010.
Blackthorn Resources receives 3rd drill rig to Mumbwa JV Project from BHP Billiton June 29, 2010
Posted by Fortbridge in Mining.Tags: bhp billiton, blackthorn resources, drill rig, mumbwa project, zambia
add a comment
Blackthorn Resources (ASX: BTR) announces that a 3rd drilling rig has arrived on site at the Mumbwa JV Project in Zambia to supplement the current Phase 4 drilling program.
Mosaic Oil sells PNG subsidiary for a minimum of US$11 million June 25, 2010
Posted by Fortbridge in Energy.Tags: asset sale, mosaic oil, mosaic oil niugini, png
add a comment
Mosaic Oil (ASX: MOS) has sold its wholly-owned PNG subsidiary company for US$11 million in cash. The transaction will be effected by selling 100% of the shares in Mosaic Oil Niugini Limited. The primary asset held by the subsidiary is a 28.5714% interest in PRL08, which contains the Kimu gas discovery.
Riversdale Mining signs agreements with Chinese venture partners for the development of the Zambeze Coal Project, Mozambique June 24, 2010
Posted by Fortbridge in Energy, Mining.Tags: coal, jv, mozambique, riversdale mining, mou, zambeze project, deal, chinese partners, wisco, cccc
add a comment
Riversdale Mining Limited (ASX: RIV) has signed a non‐binding Memorandum of Understanding (“MoU”) with Wuhan Iron and Steel (Group) Corporation (“WISCO”) and a logistics partnership agreement with the China Communications Construction Company (“CCCC”) for the development of the Zambeze Coal Project (“Zambeze”) in Mozambique.
The drill is turning on Goldrush’s Ronguen Gold Deposit June 22, 2010
Posted by Fortbridge in Mining.Tags: burkina faso, drilling, gold, goldrush resources, Mining
add a comment
Goldrush Resources Ltd. (TSXV: GOD) President and CEO Len Brownlie announced this morning that drilling began June 17 on Goldrush’s Ronguen Gold Deposit in Burkina Faso, West Africa.
Excalibur commences of drilling at Browns Range Project, NT June 22, 2010
Posted by Fortbridge in Mining.Tags: browns range, drilling, excalibur mining, gold, nt, uranium
add a comment
Excalibur Mining Corporation Limited (ASX: EXM) advises that drilling has commenced at the Company’s Browns Range project on EL 25207 in the Tanami region of the Northern Territory of Australia.
Hillgrove acquires options on Indonesian bauxite projects June 22, 2010
Posted by Fortbridge in Mining.Tags: acquisition, bauxite, hillgrove resources, indonesia
add a comment
Hillgrove Resources Limited (ASX: HGO) advises that it has secured options to acquire a 70% shareholding in five companies that own nine exploration licenses (IUPs) over the Landak and Tayan South Bauxite Projects, covering 1,400km² in West Kalimantan, Indonesia.
Transit Holdings confirms magnetite potential of Johnston Range Iron Project, WA June 22, 2010
Posted by Fortbridge in Mining.Tags: iron, wa, magnetite, transit holdings, johnston range
add a comment
Transit Holdings Ltd (ASX: TRH) announces results of an initial assessment of the magnetite potential of its wholly owned Johnston Range Iron Project in the Koolyanobbing belt north of Southern Cross in Western Australia.
Blackthorn Resources’ gold results in Burkina Faso June 22, 2010
Posted by Fortbridge in Mining.Tags: blackthorne resources, burkina faso, drilling results, gold
add a comment
Blackthorn Resources (ASX: BTR) provides additional drilling results from 5 diamond-core holes from the GUIDO Prospect in Burkina Faso, West Africa.
Minotaur’s significant Magnetite iron discovery near Broken Hill June 21, 2010
Posted by Fortbridge in Mining.Tags: discovery, iron, broken hill, magnetite, minotaur
add a comment
Minotaur Exploration (ASX: MEP) announces results of a preliminary exploration programme into iron mineralisation on EL 3745 abutting the state border between South Australia and New South Wales.
