Kimberley Metals Ltd (ASX:KBL) is pleased to provide an update on activities at its Mineral Hill mine redevelopment project. The Mineral Hill mine is located approximately 50 kilometres north of Condolbolin in central Western New South Wales.
Australian Market Report of January 7, 2011 includes: China Yunnan Copper Australia (ASX:CYU) announced significant heavy rare earth element discovery in Queensland; Carnarvon Petroleum Limited (ASX:CVN) updated on the oil drilling operations onshore Thailand; Brighton Mining Group Limited (ASX:BTN) is to commence drilling at the Antrong Project in Cambodia; Ord River Resources Limited (ASX:ORD) has completed drilling work on the Yuqida tenement at the Bauxite Project in Laos.
Australian Market Report of December 31, 2010 includes: Moly Mines Limited (ASX:MOL) (TSE:MOL) has sailed its first shipment of 54,500 tonnes of iron ore to China; Living Cell Technologies Limited (ASX:LCT) announced A$5,750,000 fund raising; OM Holdings Limited (ASX:OMH) secured land for Malaysian based smelting and sintering plant; Perilya Limited (ASX:PEM) increased Mineral Resources and Ore Reserves in Broken Hill.
Australian Market Report of December 24, 2010 includes: Drake Resources (ASX:DRK) today announced a placement of A$2.18 million; Discovery Metals Limited (ASX:DML) announced high grade results at the infill drilling; Planet Metals (ASX:PMQ) has signed a farm-in agreement with Drummond Gold Limited (ASX:DGO); Mako Energy Limited (ASX:MKE) successfully closed a placement of A$4.5M.
Australian Market Report of December 17, 2010 includes: Carabella Resources Limited (ASX:CLR) confirmed coking coal resources at Grosvenor West in Queensland; Archer Exploration Limited (ASX:AXE) reported peak assays of 0.47% rare earth elements at Ketchowla manganese deposits; Energy Metals Limited (ASX:EME) has completed resource estimate for its 100% owned Lake Mason project in Western Australia; IMX Resources Limited (ASX:IXR) announced analytical results from the initial 6 RC drill holes completed at Snaefell iron ore prospect in South Australia.
Exco Resources Limited (ASX:EXS) (PINK:EXRSF) advises that a maiden reserve has been established at its flagship Cloncurry Copper Project located in North West Queensland. The open pit Ore Reserve estimate, as reported in accordance with the JORC Code, is 28.1Mt @ 0.83% Cu & 0.24g/t Au.
Venus Metals Corporation Limited (ASX:VMC) is pleased to report a JORC Compliant Inferred Magnetite Iron Ore Resource of 443.9 Million Tonnes at Bilberatha Hill, and highly encouraging Metallurgical test results of drill holes YGDD001 and YGDD002.
