Pluton Resources Limited (ASX:PLV) are pleased to announce a positive outcome as part of the Pre-Feasibility Study currently being undertaken by Pluton for development of the Irvine Island Project, Western Australia.
Iron Road Limited (ASX:IRD) is pleased to provide an update on continuing progress towards completion of the Prefeasibility Study for the Central Eyre Iron Project. Iron Road has previously advised an intention to expand the PFS to include both the Boo-Loo and Murphy South areas as a single report, in order to deliver a more comprehensive view of the overall potential returns at all areas of the CEIP and maximising potential value of the project.
Asian Activities Report for June 1, 2011 includes: Phoenix Gold Limited (ASX:PXG) has doubled the Mineral Resource estimate for its Castle Hill gold project to 526,000 oz; Zamia Metals Limited (ASX:ZGM) announced more high grade molybdenum from the southern zone of the Anthony molybdenum deposit in central Queensland; Centaurus Metals Limited (ASX:CTM) confirmed that its Jambreiro Iron Ore Project can produce high-grade hematite products; Hazelwood Resources Limited (ASX:HAZ) has commenced the final design criteria test work for its 100%-owned Big Hill Tungsten Deposit in Western Australia.
Meteoric Resources Nl (ASX:MEI) has signed a Heads of Agreement with North Australian Diamonds Limited (ASX:NAD) for NAD to explore a 500sq km package of four Meteoric tenements in the West Arunta region of Western Australia for diamonds. Meteoric holds a 100% interest in three granted exploration licences with rights to acquire up to a 90% interest in exploration licence application E80/2506. These tenements are in addition to tenements where Meteoric is currently exploring for gold and copper in this previously unexplored region.
Venus Metals Corporation Limited (ASX:VMC) are pleased to report an Additional JORC Compliant Inferred Magnetite Mineral Resource of 201.7 Million Tonnes surrounding Bilberatha Hill. The resource model has been updated with newly interpreted mineralised zones to the North-East, North-West and South of the main Bilberatha JORC Inferred Magnetite Mineral Resource.
Archer Exploration Limited (ASX:AXE) is pleased to announce that previous detailed petrology by Pontifex and Associates in Adelaide on a sample of graphitic schist taken from the collar of a historic shaft within the Sugarloaf graphite deposit revealed the presence of fine, medium and coarse flake sized graphite. The presence of crystalline flake graphite greatly increases both the marketability and price of graphite.
Iron Road Limited (ASX:IRD) is pleased to advise that XRF assay and DTR test work results from the Stage IV Drilling Programme at the CEIP have been received and processed.
