Ferraus Limited

FerrAus Limited (ASX:FRS) (PINK:FRRAF) is pleased to announce further exploration success at its East Pilbara exploration project, continuing the flow of high grade Direct Shipping Ore (DSO) results from its Davidson Creek area.

ABN Newswire stocks to watch today include: Focus Minerals Limited (ASX:FML), Australian Bauxite Limited (ASX:ABZ), Image Resources (ASX:IMA) (PINK:IMREF), Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) and FerrAus Limited (ASX:FRS) (PINK:FRRAF).

FerrAus Limited (ASX:FRS) (PINK:FRRAF) is pleased to announce further exploration success at its East Pilbara exploration project, continuing the flow of high grade Direct Shipping Ore (DSO) results from its Davidson Creek area.

US market was closed for Thanksgiving Day holiday, but the overseas markets were strongly hit by fears of a debt default by Dubai World, Dubai government's key holding company. Dubai World, which owns strategic global assets, has asked bondholders for a standstill on about US$60 billion in debt until May.

The Dow index gave up last week's success and slipped back slightly over the weekend. US and European stock markets closed lower on Friday after the latest US corporate results disappointed high hopes and pushed Wall Street back down through the key 10,000 points level.

US markets were closed for the Labour Day public holiday, while Europe and Asia markets posted strong gains on Monday.

A group of junior miners in Pilbara region have formed an alliance to develop an independent iron ore export terminal at Australia's Port Hedland, while the big miners have dominated their own infrastructure projects.

Ferraus Limited (ASX: FRS) - Chinese Mining House to take 10% Stake - Mr John Nyvlt, Chairman; Ferraus Limited (ASX: FRS) present the following audio webcast regarding "FRS - Chinese Mining House to take 10% Stake - Mr John Nyvlt, Chairman". You may also download this audio webcast to your computer or portable audio player.

Iron ore developer FerrAus Limited, is pleased to announce the first assay
results from Stage 3 RC drilling at its Robertson Range iron ore project in
the East Pilbara region of Western Australia.

FerrAus (ASX: FRS) announced today the new targets plus interpreted extensions of known mineralised areas of interest at the Robertson Range project, could take the Company's overall resource base there to between 40-50 million tonnes.