Archer Exploration Limited (ASX:AXE) has a 100% interest in EL3711 Carappee Hill located 10km east of Darke Peak in northern Eyre Peninsula, South Australia that hosts the Sugarloaf graphite deposit. Sugarloaf has an Exploration Target of 24-37Mt grading 10-12% total carbon which, in terms of tonnes and grade, make the deposit very large in world terms.
Investorium.tv completed the inaugural showcase of investment opportunities in Sydney via live webcast from the Basement in Circular Quay. Six companies (four with ASX listings) with a represented combined market capitalisation of AU$131 Million took to the floor and presented to a qualified group of brokers, analysts and institutional investors.
Queensland Mining Corporation (ASX:QMN) Geologist Dr Jon Gilligan Presents at Investorium.tv at the Basement in Sydney on July 4. Dr Gilligan presents in detail the Cloncurry deposits under the QMC exploration and development programme.
Queensland Mining Corporation Limited (ASX:QMN) confirms that it has finalized the A$3 million unsecured loan agreement with Tulla Resources Group Pty Limited, a shareholder of QMN and the monies have been advanced to the company. The loan will provide funds for working capital, towards the drilling program and the definitive feasibility study upgrade of the White Range project.
Queensland Mining Corporation has consistently been a copper gold play, concentrating its exploration and development activities in the Cloncurry region of north west Queensland.
Asian Activities Report for July 8, 2011 includes: Kidman Resources Limited (ASX:KDR) discovered a new high grade copper lode at the Blind Calf Prospect in central NSW; Transit Holdings Limited (ASX:TRH) announced an increase in grade and tonnage at the Paradox Basin Potash Project in USA; Amex Resources Limited (ASX:AXZ) has exercised its option at Lautoka Port for a 45 year lease; Mitsui & Co., Ltd. (TYO:8031) will acquire a 49% participating interest in the Woori coal project from Cockatoo Coal Limited (ASX:COK) for A$37.25 million.
Asian Activities Report for July 6, 2011 includes: Segue Resources Limited (ASX:SEG) has signed an agreement to acquire up to 51% of the Emang Manganese Project in South Africa; Radar Iron Limited (ASX:RAD) has identified significant magnetite mineralisation at its Die Hardy project; African Iron Limited (ASX:AKI) announced over 80% increase to the aggregate exploration target size at the Mayoko Iron Ore Project in Congo; Reed Resources Limited (ASX:RDR) has secured the opportunity to acquire the Nannine Mining Centre in Western Australia.
