Coalspur Mines Limited (ASX:CPL.AX - News) (TOR:CPT.TO - News) is pleased to announce that it has entered into a binding agreement with the Highland Park Group for a C$70 million loan facility ("Facility Agreement").
Perth-based explorer Peel Mining Limited (ASX:PEX.AX - News) is pleased to report that follow-up RC/diamond drilling at the Mallee Bull prospect (previously known as 4-Mile), part of its 100%-owned May Day-Gilgunnia Project located about 100km south of Cobar in NSW, has intersected additional new high-grade Cobar-style polymetallic mineralisation.
Gold Anomaly Limited (ASX:GOA) report that the results from NEV027 (except base metal results from 500m - 840m) has now been received and analysed, with the highlight being the pervasive nature of gold mineralisation through the overlying Nevera volcanics and intrusions and down through the entire Chim Formation to its boundary with the deep porphyry at 1046m depth, after which the gold values drop off.
Australian Gold-Copper resources company, Mutiny Gold Limited (ASX:MYG) ("Mutiny" or "the Company"), is pleased to announce significant improvements have been achieved in metallurgical performance following test work undertaken on ore from the Company's flagship Deflector Gold-Copper Project in Western Australia.
In its ongoing efforts to provide you with broader communications and industry information, Avalon Rare Metals (TSE:AVL) is pleased to issue this Industry Bulletin, which reports on Avalon's growing outreach initiatives to Canadian students and unive...
December 12, 2011 from 4:30PM will offer Investors an array of Key Investments in the Rare Earth and Specialty Metals sectors. REE is quickly gaining "strategic minerals" status on many of the world's forward looking commodity consumption wish lists....
Atlas Iron Limited (ASX:AGO) is pleased to announce that it has entered into an agreement to acquire a 90% interest in the Corunna Downs DSO Project in the North Pilbara from Gondwana Resources Limited (ASX:GDA) for A$2.1 million in cash, paid in three tranches. The agreement is in the form of a staged 12-month exploration option for 100% of Gondwana's interest in the project. Corunna Downs is located approximately halfway between Atlas' Mt Webber and McPhee Creek DSO Projects in the North Pilbara region.
Toro Energy Limited (ASX:TOE) is pleased to provide the following Exploration Target Range for its 100%-owned Theseus Uranium Project in Western Australia:
20Mt to 40Mt @ approx 400 to 500parts per million (ppm) U3O8, for 10,000t to 20,000t U3O8 or 22Mlb to 44Mlb U3O8*.
*The Exploration Target Range (ETR) is conceptual in nature and there has been insufficient exploration completed to define this material as a Mineral Resource.
There is no certainty that the further work referred to herein will result in the determination of a Mineral Resource.
Sundance Resources Limited (ASX:SDL) advises that the High Grade Ore Reserve for Stage One of the Mbalam Iron Ore Project in the Republic of Cameroon and the Republic of Congo now totals 352 million tonnes (Mt) at 62.4% Fe. All Mineral Resources and Ore Reserves have been estimated in accordance with the JORC Code.
This upgraded estimate is significant because it confirms Mbalam now has sufficient Reserves to deliver Stage One of the Project. Stage One proposes the production of 35 Mt per year of High-Grade Direct Shipping Ore (DSO) for at least 10 years.