Quarterly Activities Report - March 2012
Perth, April 30, 2012 AEST (ABN Newswire) - Rum Jungle Resources Limited (
ASX:RUM) is pleased to provide its Quarterly Activity Report for the quarter ended 31 March 2012.
HIGHLIGHTS
- $6.6M capital raising and $4.8M Underwriting of options secures over $11M for future development.
- Rum Jungle Resources Ltd consolidated its landholdings for phosphate exploration in the Ammaroo project and applied for a Mineral Lease over the Barrow Creek 1 resource.
- Estimation of first potash resource at Karinga Creek in preparation.
- Planning was completed for the 2012 field season on the Karinga Creek Potash project with second stage drilling commencing immediately.
- An intensive 2012 field program is about to commence across all Rum Jungle Resources' project areas.
To view the complete Rum Jungle Resources Quarterly Report, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-RUM-372652.pdf
About Verdant Minerals Ltd
Verdant Minerals Ltd's (ASX:VRM) strategic intent is to create shareholder value through the discovery, development and operation of fertiliser and industrial mineral projects, located in close proximity to existing transport infrastructure, with a primary focus on the Northern Territory of Australia.
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