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The Company is pleased to announce that milling of its first parcel of high grade ore from the Burbanks Gold Project in WA has commenced, with first gold expected to be poured on Monday of next week (21 August 2006).
Terramin Australia Limited (ASX: TZN) has been awarded a Mineral Lease by the South Australian Government to develop the A$63 million Angas Zinc Project, south of Adelaide.
Sundance Energy Australia Limited (the "Company") is pleased to advise that its wholly owned subsidiary, Sundance Energy, Inc. ("Sundance") has successfully concluded a US$50MM Credit Agreement (the "Facility") with Macquarie Bank Limited.
Santos (ASX: STO)(PNK: STOSY) advises that the Gnu-1 delineation well on the Reindeer/Caribou gas accumulation successfully tested 26.3 million cubic feet (mmcf) of gas and 61 barrels of condensate per day from the North Rankin Formation.
Paramount Mining Corporation (ASX: PCP) is pleased to announce the proposed acquisition of up to twelve additional diamond mining projects in South Africa in a multi-staged transaction with ASX-listed diamond explorer, Rox Resources Limited (ASX: RXL).
Metallica Minerals Limited (ASX: MLM) associate, Cape Alumina Pty Ltd, has commenced ground preparations for a 580 hole drilling programme on its Cape York Peninsula bauxite project with the goal of outlining an initial resource of up to 100 million tonnes to potentially supply the surging Chinese alumina-aluminium market.
The Directors of Adelaide Resources Limited (ASX: ADN) are pleased to announce that Mr Paul J Dowd has joined the Board as a Non-Executive Director.
The Directors of Discovery Nickel Limited (ASX: DNL) are pleased to announce that the Company has commenced its first diamond drill program on the Maun Copper Project in north-west Botswana.
Indo Mines is pleased to report on operations at the Company's Yogyakarta Ironsands - Pig Iron Project located in Central Java on the south coast of Yogyakarta Province, Indonesia.
Santo (ASX: STO)(NASDAQ: STOSY), announce that the Jeruk-3 appraisal well is being drilled in the Sampang PSC, offshore Indonesia, approximately 1.8 km west of Jeruk-1 and 40 km south east of Surabaya.