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Distributed: Feb 18, 2010

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Sydney, Feb 18, 2010 (ABN Newswire) - As part of its expanded search for iron ore close to existing infrastructure, Magnetic Resources NL (ASX:MAU) has commenced a 3,480sq km high resolution aeromagnetic survey of its tenements over multiple target areas in the SW of WA (ASX release 22 January 2010). Separately, Magnetic Resources also said it has reached agreement with a combination of sophisticated and professional investors to place 3,700,000 fully paid shares at an issue price of A$0.40 per fully paid share.

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) said construction at its Mt Cattlin project has progressed rapidly with foundations and concrete works underway at the onsite processing facility. The Company's project application for China based Jiangsu Lithium Carbonate Plant in Jiangsu Province has been approved and the Business License was issued by the Zhangjiagang Free Trade Zone authorities allowing further preparatory works to be conducted.

NewSat Limited (ASX:NWT) (OTC:NWTLY), Australia's largest independent satellite communications company, said it is well placed to leverage off its infrastructure, with our teleports having a footprint of 75% of the worlds' surface to continue to grow the business in this robust global market.

AusTex Oil Limited (ASX:AOK) (PINK:ATXDF) advises that drilling of the Mayo Moore #7 Well commenced Tuesday 16 February 2010 (CDT). Surface casing has been set at 315 feet with cement circulated to the surface successfully. TD of 1100 feet is expected to be reached on Wednesday afternoon (CDT).


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AusTex Oil Limited
2013.04.09  09:58 AusTex Oil Limited (ASX:AOK) Exploration Well spudded at Kansas Mississippian Prospect
2013.04.04  11:54 AusTex Oil Limited (ASX:AOK) Well Development Program Continues at Snake River
2013.03.19  09:10 AusTex Oil Limited (ASX:AOK) Drilling Delivers Significant Oil and Gas Reserves Upgrade
2013.03.12  10:14 AusTex Oil Limited (ASX:AOK) Reports 20th Vertical Well success at Snake River
2013.02.21  11:15 AusTex Oil Limited (ASX:AOK) Drilling Success Driving Production Growth at Snake River
Galaxy Resources Limited
2012.12.13  08:28 Galaxy Resources Limited (ASX:GXY) Finance Update
2012.11.13  08:26 Galaxy Resources Limited (ASX:GXY) Jiangsu Update
2012.11.09  16:10 Galaxy Resources Limited (ASX:GXY) A$15 Million Finance Update
2012.11.05  09:07 Galaxy Resources Limited (ASX:GXY) A$81 Million Capital Raising
2012.11.01  08:04 Galaxy Resources Limited (ASX:GXY) Quarterly Activities and Cashflow Report - September 2012
Magnetic Resources Nl
2011.08.24  09:44 Magnetic Resources Nl (ASX:MAU) Appoints Mr Eric JH Lim as Non-Executive Director
2011.08.18  09:56 Magnetic Resources Nl (ASX:MAU) to Commence Direct Shipping Ore Test Work at Wubin Project
2011.06.23  10:35 Magnetic Resources Nl (ASX:MAU) Announce Encouraging Metallurgical Results And Bulk Tonnage Potential At Mt Vernon
2011.05.25  12:26 Magnetic Resources Nl (ASX:MAU) Jubuk Gravity Survey Extends Magnetite Target Zone
2011.04.21  10:05 Magnetic Resources Nl (ASX:MAU) Expanded Jubuk Magnetite Programme

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