Sandfire Resources Ltd

Pacifico Minerals Ltd (ASX:PMY) is pleased to announce very encouraging results from its recent three hole drilling program at Coppermine Creek, Borroloola West Project. Pacifico is earning up to an 80% interest in the Borroloola West Project from Sandfire Resources NL under a farm-in agreement through staged exploration expenditures.

Pacifico Minerals Limited (ASX:PMY) is pleased to announce that Argonaut Securities has released an updated research note on the Company.

Pacifico Minerals Limited (ASX:PMY) is pleased to announce very encouraging visual results from its 3 hole drilling program at the Coppermine Creek Prospect, Borroloola West Project. Pacifico is earning up to 80% interest in the Borroloola West project from Sandfire Resources NL (ASX:SFR) under a farm-in agreement through staged exploration.

Emerging Gold Miner Revolution Metals announced that drilling on its New South Wales property has revealed an initial conceptual target of one million ounces of Gold.

Pacifico Minerals Limited (ASX:PMY) is pleased to announce that a combined diamond drilling and reverse circulation ("RC") drilling rig is being mobilised and a program at the Coppermine Creek and Bing Bong prospects will commence within two weeks.

Asian Activities Report for June 3, 2011 includes: Mithril Resources Limited (ASX:MTH) has extended the Basil Copper Prospect at its Huckitta Project to a total mineralised strike length of over 2.6 km; UXA Resources Limited (ASX:UXA) announced very encouraging high grade lead-zinc-silver assay results from the Dome 5 prospect in NSW; General Mining Corporation Limited (ASX:GMM) is to commence drilling at the Uvs Basin project in Mongolia between July and August; Definitive Feasibility Study on Sandfire Resources NL's (ASX:SFR) DeGrussa Copper-Gold Project in Western Australia has confirmed the project's robust nature.

ADX Energy Limited (ASX:ADX) (PINK:ADXRF) are pleased to provide an update in relation to the proposed divestment and Initial Public Offering "IPO" of the Company's mineral assets portfolio. This strategy is in-line with the previously stated intention of ADX becoming a highly focused energy company while ensuring that the necessary capital is secured to finance the exploration and development of its highly promising gold and base metals tenements.

Sandfire Resources Nl (ASX:SFR) said it has concluded an agreement with Korean-based LS-Nikko Copper Inc., the world's third largest copper smelter, encompassing a strategic alliance, sales arrangements for future production and a A$93.9 million share placement.

A boost in resources stocks on Friday helped to break the eight-day losing streak in Australian stocks market. The local market finished marginally higher at the close, despite the proposed new minerals resources rent tax sparked a strong gain in early trade. This is largely due to Investors' refocuse on global economy issues.

Yesterday the Australian share market ended slightly lower dragged by financial stocks. The benchmark S&P/ASX200 was down 10.7 points, or 0.28 per cent, at 3813.9, while the broader All Ordinaries had lost 4.2 points, or 0.11 per cent, to 3804.7.