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Distributed: Nov 18, 2011

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Sydney, Nov 18, 2011 (ABN Newswire) - MetroCoal Limited (ASX:MTE) announces a significant increase in the inferred coal resource of the Columboola Project from 540 million tonnes to 1.297 billion tonnes, bringing the Company's total thermal coal resource to 2.363 billion tonnes. The Company is targeting thermal coal suitable for the export market at depths amenable to underground mining.

Marmota Energy Limited (ASX:MEU) announces an initial resource estimate of 4.36 million tonnes of uranium mineralisation for its Saffron deposit within its Junction Dam uranium project. Drilling completed in the 2011 Phase 3 program confirmed additional zones of uranium mineralisation to the north and south of the Saffron prospect. Further drilling is planned for 2012 to further expand the resource at Junction Dam.

Gryphon Minerals Limited (ASX:GRY) announces more outstanding drilling results from the Samavogo Gold Deposit at the Company's flagship Banfora Gold Project in Burkina Faso. Mineralisation is shallow and remains open along strike and down dip, highlighting the potential of further resource growth. The Project currently has a JORC-compliant inferred resource estimate of 29 million tonnes at 2.1 grams per tonne for 2 million ounces of gold.

Brisbane-based Frontier Solar Limited (SIM:FSO) has launched a A$6 million Initial Public Offering, expected to list on the SIM Venture Securities Exchange in late December 2011. The Company has patented solar mounting technology that can reduce installation time and improve wind resistance and tracking ability. Its well-known brand, Frontierac, is a top 10 brand in the Australian solar mounting market. With well-established market positions in China and Australia, the Company also plans to expand into the growing renewable energy market in India.


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  Related Companies

>>>       Frontier Solar Limited
>>>              Gryphon Minerals Limited
>>>              Marmota Energy Limited
>>>              MetroCoal Limited

  Related Industry Topics:

Alternative Energy | Metals | Energy General | Financial General | Materials General | Mining | Australian Economy | Gold | Uranium | Coal | Solar Power | Market Reports | 

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Frontier Solar Limited
2011.11.21  10:30 Asian Activities Report for November 21, 2011: Ark Mines Ltd (ASX:AHK) Completed Due Diligence on the Marsuparia Contract of Work in Indonesia
Gryphon Minerals Limited
2011.10.28  12:05 Asian Activities Report for October 28, 2011: Victory West Metals (ASX:VWM) to Acquire South East Asia Energy Resources
2011.03.23  12:00 Asian Activities Report for March 23, 2011: Gryphon Minerals Limited (ASX:GRY) Reported Further Drill Results At Banfora Gold Project In Burkina Faso
2010.12.01  13:30 Australian Market Report of December 1, 2010: Tawana Resources (ASX:TAW) Announced Strategic Alliance with Gryphon (ASX:GRY)
2010.10.06  13:30 Australian Market Report of October 6, 2010: Quantum Resources (ASX:QUR) Searching For Heavy Rare Earth Elements, Uranium And Gold
2010.09.24  13:30 Australian Market Report of September 24, 2010: YTC Resources Limited (ASX:YTC) Records High-Grade Copper at Nymagee Copper Mine
Marmota Energy Limited
2014.05.07  13:08 Marmota Energy Limited (ASX:MEU) New High Grade Copper Intersections at the Champion Prospect on 100% Owned West Melton - Yorke Peninsula, South Australia
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2012.02.21  17:55 Marmota Energy (ASX:MEU) To Exhibit at PDAC 2012 in Toronto at Booth 2177, Investors Exchange
2012.02.20  16:24 Marmota Energy (ASX:MEU) Assay results From Junction Dam Show > 8,000 PPM U3O8
2011.11.16  12:03 Asian Activities Report for November 16, 2011: Marmota Energy (ASX:MEU) Set 60-125 Million Tonnes of Hematite Iron Target for Western Spur Project in South Australia

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