Sundance Resources Limited
ASX:SDL ISIN:AU000000SDL6
The Company's corporate head office is based in Perth, Western Australia, home to the world-class iron ore deposits of the Pilbara region. This location means the Company has assembled a management and technical team that draws readily on the skills of some of the world’s most experienced iron ore specialists as it continues to cement its position as an emerging force in the global iron ore sector.
News
Equatorial Resources Limited (ASX:EQX) is pleased to advise that it has signed a drilling contract with Wallis Drilling Pty Ltd for a minimum of 28,000m of reverse circulation and diamond core drilling at the Company's 100%-owned Mayoko-Moussondji Iron Project in the Republic of Congo. The contract with Wallis Drilling will run in parallel to the existing drilling program already underway with Partners Drilling International and is intended to rapidly advance the company's exploration activities.
Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) is pleased to announce that it has entered into a Placement Agreement to raise A$60 million from international institutional investors.
Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) has taken another step towards becoming a major producer and unlocking a new iron ore province after delivering the Definitive Feasibility Study for Stage One, and the Pre-Feasibility Study for Stage Two, of its Mbalam Iron Ore Project in the Republics of Cameroon and Congo in central West Africa.
Equatorial Resources Limited (ASX:EQX) is pleased to announce that 3D and 2D modelling of the detailed high resolution aeromagnetic data collected over the Company's 100% owned Badondo Iron Project ("Badondo") completed by independent consultants Resource Potentials Pty Ltd has estimated a global exploration target of between 1.3 and 2.2 billion tonnes of iron mineralisation. Of this, 200 to 300 million tonnes represents potentially enriched hematite cap mineralisation at an estimated grade of 40% to 65% Fe and 1.1 to 1.8 billion tonnes represents primary itabirite mineralisation at an expected grade of 30% to 45% Fe.
Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) has been notified that all of the shares in the Company previously owned by Ken Talbot's estate have been transferred to Hanlong Mining.
International Iron Ore Development Company Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) has taken another step towards its objective of developing its large scale iron ore project in central West Africa after today releasing a comprehensive update and overall increase of its JORC-Code Compliant Mineral Resources.
Equatorial Resources Limited (ASX:EQX) advise that preliminary interpretation of data from the airborne geophysical survey completed during December 2010 at its Badondo Iron Project has identified magnetic anomalies with a combined strike length in excess of 22km. The identified anomalies have the potential to host significant quantities of hematite and itabirite hosted iron mineralisation.
Equatorial Resources Limited (ASX:EQX) is pleased to advise that a comprehensive airborne magnetic and radiometric survey has commenced over the Company's Badondo Iron Project located in the north of the Republic of Congo.
Australian Market Report of November 5, 2010 includes: Sundance Resources Limited (ASX:SDL) has appointed CITIC Securities Company Limited (SHA:600030) to assist in securing both debt and equity funding in China for its Mbalam Iron Ore Project; Orocobre Limited (ASX:ORE) has commenced an initial drilling program at its Salinas Grandes Lithium-Potash Project in North West Argentina; Beadell Resources Limited (ASX:BDR) reported high grade results from the Tucano Gold Project in Brazil; Horseshoe Metals Limited (ASX:HOR) announced more positive drilling results at the Horseshoe Lights copper and gold project in Western Australia.
Australian Market Report of September 14, 2010 includes; Sundance Resources (ASX:SDL) and China Harbour Engineering Company have entered into a Memorandum of Understanding (MOU), New Hope Corporation Limited (ASX:NHC) has agreed to acquire an initial 25% equity interest in a 25 year, exclusive worldwide, licensed technology. Nucoal Resources (ASX:NCR) (PINK:NCKLF) today announced a project update on the Doyles Creek Project and Cape Lambert Resources Limited (ASX:CFE) is pleased to announce assay results from eight (8) of the first nine (9) diamond drill holes from the Mayoko Iron Ore Project.
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