Archer Exploration Limited (ASX:AXE) is pleased to announce that the Eyre Peninsula has long been explored for its uranium and base metal potential. Many companies including Kerr McGee, Esso, BHP (NYSE:BHP) and Shell (NYSE:RDS.A) explored the area and reported graphitic rocks.
Asian Activities Report for June 20, 2011 includes: Hastings Rare Metals Limited (ASX:HAS) is to acquire a 60% interest in the Yangibana Rare Earth Project in Western Australia; IPGA Limited (ASX:IPP) is to raise A$8.9 million from SeLoger.com; Krucible Metals Limited (ASX:KRB) has received further encouraging results from the Garnet Prospect in Queensland; Mineral Deposits Limited (ASX:MDL) is to form a joint venture with Eramet (EPA:ERA).
Asian Activities Report for June 17, 2011 includes: Centaurus Metals Limited (ASX:CTM) has acquired a portfolio of iron ore tenements in south-eastern Brazil; L&M Energy Limited (ASX:LME) will commence drilling on Taranaki (New Zealand) drilling programme; U3O8 Limited (ASX:UTO) has received a number of high grade gold and silver assays from the Saltwater Pool Joint Venture project in Western Australia; Saracen Mineral Holdings Limited (ASX:SAR) is on track to meet its maiden full financial year production guidance of 110,000 to 120,000 ounces of gold.
Queensland Mining Corporation Limited (ASX:QMN) is pleased to announce it has an in principle agreement with Tulla Resources Group Pty Ltd for the provision of a A$3 million loan facility.
Ferraus Limited (ASX:FRS) (PINK:FRRAF) notes the announcement by Wah Nam International Holdings Limited (HKG:0159) on 10 June 2011 that it has declared its off-market takeover offer for Brockman Resources Limited (ASX:BRM) will not be extended beyond 15 June 2011. FerrAus also notes Brockman's response welcoming the conclusion of the Wah Nam bid.
Asian Activities Report for June 14, 2011 includes: GBM Resources Limited (ASX:GBZ) reported significant results of copper, gold, silver, cobalt, molybdenum and uranium from the Milo Prospect in Queensland; Kidman Resources Limited (ASX:KDR) reported further copper results from the Phase 3 drilling program at Blind Calf in central NSW; African Iron Limited (ASX:AKI) will mobilise two additional drill rigs to accelerate the resource definition drilling at the Mayoko iron ore project in Congo; Dampier Gold Limited (ASX:DAU) received further impressive results from recent RC holes completed at Cinnamon, K1 and Keillor East gold deposits.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) notes weekend media reports in the Australian press referring to the potential divestment of all or some of Murchison's 25% direct interest in Oakajee Port & Rail.
