View in Other Languages 2011年1月17日澳洲股市:Sheffield (ASX:SFX)收购大型重矿砂勘探项目 2011년 1월17일 호주 시장보고서: Sheffield (ASX:SFX), 대규모 중사(Heavy Mineral Sands) 탐사 프로젝트 인수 Reporte del Mercado Australiano, 17 de enero de 2011: Sheffield (ASX:SFX) adquiere importante Proyecto de Exploración de Arenas Minerales Pesadas オーストラリア市場レポート 2011年1月17日: Sheffield (ASX:SFX) は大規模な重鉱物砂探査プロジェクトを取得 Laporan Pasar Australia 17 Jnuari 2011: Sheffield (ASX:SFX) Mendapatkan Proyek Eksplorasi Pasir Mineral Berat yang Luas Australischer Marktbericht, 17. Januar 2011: Sheffield (ASX:SFX) erwirbt großes Schwermineralsande-Explorationsprojekt تقرير السوق الاسترالية ليوم 17  كانون الثاني/يناير، 2011: استملكت شركة Sheffield ASX:SFX مشروعا كبيرا للتنقيب عن خامات العناصر الثقيلة الرملية. Australian Market Report of January 17, 2011: Sheffield (ASX:SFX) Acquire Large Heavy Mineral Sands Exploration Project 2011年1月17日澳洲股市:Sheffield (ASX:SFX)收購大型重礦砂勘探項目 
Australian Market Report of January 17, 2011: Sheffield (ASX:SFX) Acquire Large Heavy Mineral Sands Exploration Project
Australian Market Report of January 17, 2011: Sheffield (ASX:SFX) Acquire Large Heavy Mineral Sands Exploration Project

Sydney, Jan 17, 2011 AEST (ABN Newswire) - Sheffield Resources Limited (googlechartASX:SFX) has acquired the McCalls Heavy Mineral Sands exploration project, located in the world class North Perth Basin mineral sands province. Based on results from historic drilling conducted by BHP (googlechartASX:BHP) (googlechartNYSE:BHP), Sheffield considers the greater McCalls region to have an exploration potential of between 1.5 and 2.5 billion tonnes grading between 1.1% and 1.3% of heavy minerals. The project is well situated with respect to existing infrastructure, including main roads, rail and power. The Company is to evaluate potential for higher grade zones and zircon rich components.

Mutiny Gold Limited (googlechartASX:MYG) announced a significant upgrade in the Company's gold resource at its Deflector Deposit. Gold Measured Resource was up 94% from 67,000oz Au to 130,000 oz and gold grades increased from 3.9g/t to 4.3 g/t. The Company planned to commence further drilling at the Deflector Deposit in the second half of January 2011 to test mineralised extensions and high-grade drill intersections identified in previous drilling.

Kula Gold Limited (googlechartASX:KGD) announced high grade drilling results at its 100% owned Woodlark Island Gold Project in Papua New Guinea. Results include 11m at 2.1 g/t Au and 4m at 10.4 g/t Au, confirming the potential of the Project. The Company will commence drilling to further increase the Project's resource base. The Woodlark Island Gold Project currently has a JORC Resource of 1.75 million ounces of gold.

Speewah Metals Limited (googlechartASX:SPM) reported exceptional high grade copper and silver assays from the the Gap Prospect. Surface sample returned highest grade copper value ever found of 27.2% Cu with 222g/t Ag, supporting the potential of the northern part of the tenement group to host a significant drill target for multi-commodities including copper, gold and silver. The Company will focus on this target for copper, silver and gold in 2011.


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