Iron Ore

Australian Market Report of February 28, 2011: TNG Limited (ASX:TNG) Signed Memorandum of Understanding With China For Mount Peake Iron-Vanadium Project

🕔2/28/2011 12:02:03 PM

Australian Market Report of February 28, 2011 includes: TNG Limited (ASX:TNG) has signed a Memorandum of Understanding with a leading Chinese state-owned engineering, development and construction enterprise for Mount Peake Iron-Vanadium Project in the Northern Territory; Territory Uranium Company Limited (ASX:TUC) announce successful intersection at the the Quantum rare earth prospect in the Northern Territory; Firestone Energy Limited (ASX:FSE) has signed a Shareholders JV Agreement with Sekoko Coal for Waterberg Coal Project; Raisama Limited (ASX:RAI) announce oil farm-in for the Bonita Block in the Philippines.

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Magnetic Resources NL (ASX:MAU) Jubuk Drilling Extends Strike Length 100% To 4km

🕔2/28/2011 10:17:00 AM

Following the previously reported encouraging drilling and test work results from its 100%- owned Jubuk project near Corrigin, Magnetic Resources NL (ASX:MAU) has commenced a two-stage 34-hole reverse circulation drilling programme totalling approximately 4,000m. The drilling programme is aimed at defining an Inferred Resource and testing of strike extensions of the prospective coarse-grained magnetite banded iron formation.

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Pluton Resources Limited (ASX:PLV) Announce Additional High Grade Iron Concentrate/DTR Results From Hardstaff Peninsula

🕔2/28/2011 10:17:00 AM

Pluton Resources Limited (ASX:PLV) have received final concentrate assay results from the DTR analysis of the second consignment of Yampi Member composite samples from the current Phase II drilling program at the Hardstaff Peninsula, Irvine Island, Western Australia (E04/1172).

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Ferraus Limited (ASX:FRS) Letter to Shareholders - Update on WNI takeover

🕔2/25/2011 11:01:00 AM

On 10 November 2010, Wah Nam International Holdings Limited (HKG:0159) (ASX:WNI) announced its intention to make an unsolicited takeover offer (Offer) for FerrAus Limited (ASX:FRS), via a wholly owned subsidiary. On the same day, Wah Nam also announced its intention to make a simultaneous, unsolicited offer for Brockman Resources Limited (ASX:BRM).

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Meteoric Resources NL (ASX:MEI) Announce Coorara Drilling Results

🕔2/25/2011 10:46:41 AM

Meteoric Resources NL (ASX:MEI) has completed 22 reverse circulation (RC) drill Holes totalling 1,455m as part of its initial drilling programme at the Coorara iron project in the South Yilgarn iron province. The drilling forms part of a larger programme which was interrupted by severe thunderstorms and heavy rain, as a result three holes remain to be logged and sampled. Drilling is expected to resume at a later date when a suitable rig becomes available.

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Venus Metals Corporation Limited (ASX:VMC) Yarloo Well Tenement Granted HEM Survey to Commence

🕔2/24/2011 1:34:00 PM

The Directors of Venus Metals Corporation are pleased to confirm the granting of tenement E59/1593 "Yarloo Well "Murchison Base Metal Project. The Yarloo Well Project has returned anomalous base metal geochemistry from a Venus initiated CSIRO well and water bore sampling program. A significant result was returned from a sample collected at the Yarloo Well with strongly elevated Cu (466ppb) and Zn (540ppb) values.

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Australian Market Report of February 24, 2011: Viralytics (ASX:VLA) Receive Chinese Notice To Grant Patent Of Use Of EVATAK(TM) In Ovarian Cancer

🕔2/24/2011 12:10:55 PM

Australian Market Report of February 24, 2011 includes: Viralytics Limited (ASX:VLA) received a patent granting notice from China regarding the use of EVATAK(TM) as ovarian cancer treatment; Peak Resources Limited (ASX:PEK) reported the remaining assay results from the November-December 2010 RC and diamond drilling campaign; Ferrum Crescent Limited (ASX:FCR) has commenced drilling at the Moonlight Iron Ore Project in South Africa; United Uranium Limited (ASX:UUL) announced that No.1 Institute of Geology and Minerals of Shandong Province received investment approval; Gindalbie Metals Limited (ASX:GBG) announced today that the maiden shipment of iron ore from the Karara Iron Ore Project in Western Australia will occur within two months.

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