Archer Exploration Limited (ASX:AXE) says today that the results of the first drilling at Campoona have supported the presence of graphite bearing rocks (Grid 2) and the extension of highly graphitic outcrops under the surface (Campoona South).
Asian Activities Report for November 16, 2011 includes: Marmota Energy Limited (ASX:MEU) announces 60-125 million tonnes of first stage iron ore exploration target for the Western Spur iron project in South Australia; Blackwood Corporation Limited (ASX:BWD) says today that its projects in the Galilee Basin in Queensland have been significantly advanced; Fox Resources Limited (ASX:FXR) has signed a non-binding Memorandum of Understanding with Jiangxi Jiangli Sci-Tech Co., Ltd; Gloucester Coal Limited (ASX:GCL) has increased the total JORC coal resources at its Monash Coal Resources from 287 million tonnes to 577 million tonnes.
Padbury Mining Ltd (ASX:PDY) and Aurium Resources Ltd (ASX:AGU) have entered into formal, good faith negotiations on a possible merger between the two companies.
Atlas Iron Limited (ASX:AGO) is pleased to announce that it has entered into an agreement to acquire a 90% interest in the Corunna Downs DSO Project in the North Pilbara from Gondwana Resources Limited (ASX:GDA) for A$2.1 million in cash, paid in three tranches. The agreement is in the form of a staged 12- month exploration option for 100% of Gondwana's interest in the project. Corunna Downs is located approximately halfway between Atlas' Mt Webber and McPhee Creek DSO Projects in the North Pilbara region.
Sundance Resources Limited (ASX:SDL) advises that the High Grade Ore Reserve for Stage One of the Mbalam Iron Ore Project in the Republic of Cameroon and the Republic of Congo now totals 352 million tonnes at 62.4% Fe. All Mineral Resources and Ore Reserves have been estimated in accordance with the JORC Code.
Padbury Mining Limited (ASX:PDY) advises that an interview with the company's Managing Director, Gary Stokes, can be accessed on Boardroom Radio's website brr.com.au as well as on the company's website.
Asian Activities Report for November 14, 2011 includes: Centaurus Metals (ASX:CTM) announces robust results from the Pre-Feasibility Study on its flagship Jambreiro Iron Ore Project in southeast Brazil; Robust Resources Limited (ASX:ROL) reports 206.7 metres of precious and base metal-rich mineralisation within the Lakuwahi Project in Indonesia; Globe Metals & Mining (ASX:GBE) says today that high grade titanium of up to 49.16% TiO2 has been returned from rock-chip assays from recently acquired titanium-vanadium-iron project at Memba, Mozambique; Manas Resources Limited (ASX:MSR) announces the updated results of the mining evaluation and pit optimisation review on its recently upgraded 100%-owned Shambesai Gold Project in the Kyrgyz Republic.
