Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to present an update on the exploration activities currently underway at its Massamba Camp, Tete iron/vanadium/titanium project.
Baobab Resources plc (LON:BAO) is an iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique. The Company announced on 15 November 2010 the signing of a Joint Venture (the 'Joint Venture') with North River Resources plc (LON:NRRP) in relation to North River's Muande project (the 'Project') in the Tete province of Mozambique. The Muande project comprises two exploration licences covering an area of 338km2 located approximately 25km northwest of the provincial capital of Tete and contiguous with Baobab's Tete project.
A reverse circulation (RC) drilling program has commenced at Queensland Mining Corporation's (ASX:QMN) 'Just There' iron-oxide copper-gold (IOCG) prospect (on EPM17602 which is a joint venture arrangement with Orion Gold NL and Findex Pty Ltd). 'Just There' is located within the Company's flagship White Range project, approximately 50 kilometres south-southwest of Cloncurry in northwest Queensland.
Dragon Energy Limited (ASX:DLE) is pleased to release a revised Inferred Mineral Resource estimate recently prepared by Golder Associates Pty Ltd at the Rocklea Project comprising 62.7 million tonnes grading 53.41% Fe (60.39% calcined Fe) compared with the 2009 Inferred Mineral Resource of 63.1 million tonnes grading 53.38% Fe (60.37% calcined Fe). The revised Mineral Resource differs by less than 1% in total tonnes and for most analytes when compared to the 2009 resource calculation.
Asian Activities Report for September 16, 2011 includes: Carbon Energy Limited (ASX:CNX) has successfully achieved an Underground Coal Gasification process innovation at the Company's project site in Queensland; Ivanhoe Australia Limited (ASX:IVA) has launched an equity issuance to raise up to A$150 million net proceeds to boost project development; Iron Ore Holdings Limited (ASX:IOH) announced a maiden JORC Mineral Resource at the Dragon Project of 21.5Mt at 55.4% Fe; Interra Resources Limited (ASX:ITR) has completed infill development well YNG 3240 at the Yenangyaung oil field in Myanmar; Tata Consultancy Services Limited (BOM:532540) has signed a multi-year contract with Nets, one of the largest payment cards, payment solutions and payment exchange information companies in Northern Europe.
Asian Activities Report for September 13, 2011 includes: Ark Mines Limited (ASX:AHK) has signed an agreement to acquire ownership and control of the Masuparia Contract of Work tenement in Indonesia; PepinNini Minerals Limited (ASX:PNN) today updated on the extensive drilling program at its Robinson Range Iron Ore Project in Western Australia; Forge Resources Limited (ASX:FRG) has signed an option agreement to acquire a 100% interest in the West Eucla Mineral Sand Project; Cabral Resources Limited (ASX:CBS) has applied four new iron ore tenements in Brazil; Tata Chemicals Limited (BOM:500770) said today that Gabon Fertiliser Company and Technip (EPA:TEC) have signed a Pre Construction Services Agreement for the proposed urea fertiliser plant in Gabon.
Sundance Resources Limited (ASX:SDL) notes today's ASIC Media Release relating to trading in securities of Sundance Resources Ltd.
