Baobab Resources plc (LON:BAO) is an iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique. Baobab's flagship asset is the Tete iron/vanadium/titanium project. On 17 November 2010, the Company announced that, through an alteration of its 1035L licence boundary, it had acquired the Tenge-Ruoni magnetite prospect located 7.5km to the east of the Massamba Group trend.
Asian Activities Report for March 29, 2011 includes: Padbury Mining Limited (ASX:PDY) announced 850Mt maiden JORC Inferred Resource for the Telecom Hill Deposit at its Peak Hill Iron Ore Project; Universal Coal plc (ASX:UNV) discovered a thick coking coal zone in South Africa; Interra Resources Limited (ASX:ITR) completed drilling on CHK 1161 Development Well in Myanmar; Mindoro Resources Limited (ASX:MDO) (CVE:MIO) announced high grade gold and copper results at Pan de Azucar Project in the Philippines.
Asian Activities Report for March 28, 2011 includes: Avonlea Minerals Limited (ASX:AVZ) said today that test results have confirmed high grade potential at Thresher, Hammerhead and Bronzy magnetite iron ore prospects in Namibia; Quickstep Holdings Limited (ASX:QHL) is participating in a European research project to investigate the use of nanotechnology to improve material properties; Alexium International Group Limited (ASX:AJX) has signed an agreement with International Textile Group (PINK:ITXN) to collaborate on product development; QRxPharma Limited (ASX:QRX) is on track to file FDA drug application for MoxDuo(R) IR in mid-2011.
Equatorial Resources Limited (ASX:EQX) is pleased to announce that 3D and 2D modelling of the detailed high resolution aeromagnetic data collected over the Company's 100% owned Badondo Iron Project ("Badondo") completed by independent consultants Resource Potentials Pty Ltd has estimated a global exploration target of between 1.3 and 2.2 billion tonnes of iron mineralisation. Of this, 200 to 300 million tonnes represents potentially enriched hematite cap mineralisation at an estimated grade of 40% to 65% Fe and 1.1 to 1.8 billion tonnes represents primary itabirite mineralisation at an expected grade of 30% to 45% Fe.
Asian Activities Report for March 25, 2011 includes: Frontier Resources Limited (ASX:FNT) discovered a very large scale gold mineralised system at Andewa Project in Papua New Guinea; Cazaly Resources Limited (ASX:CAZ) announced an upgraded iron ore mineral resource estimate for the Parker Range Iron Ore Project; Hemisphere Resources Limited (ASX:HEM) has identified the presence of high grade, low phosphorous hematite mineralisation at Yandicoogina South project; Uranex NL (ASX:UNX) will commence a 6,000m drilling program at the Mkuju Uranium Project in Southern Tanzania.
Asian Activities Report for March 24, 2011 includes: Paramount Mining Corporation Limited (ASX:PCP) has signed a comprehensive Memorandum of Understanding with PT Antam (Persero) Tbk (ASX:ATM) for potential coal joint venture projects in Indonesia; Genesis Minerals Limited (ASX:GMD) is to raise A$1.845 million to fund the Dinamarquesa and Cerro Verde Projects in Chile; Aphrodite Gold Project (ASX:AQQ) announced an upgraded resource of 1,033,000 ounces gold at the Aphrodite Gold Project in Western Australia; Avalon Minerals Limited (ASX:AVI) reported significant high grade copper intersections from Viscaria Copper-Iron Project in Sweden.
Queensland Mining Corporation Limited (ASX:QMN) is pleased to announce that it has completed an initial resource estimate for its Gilded Rose Project, which is situated approximately 15km east-southeast of Cloncurry, northwest Queensland. QMC's assets in the Gilded Rose area consist of four granted mining leases (ML2709, ML2713, ML2718 and ML2719) totalling 66.4 hectares, the surrounding EPM 14475 (Exploration Permit for Minerals) covering an area of 35km2 and a CIL gold processing plant.
