Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to present an update on the exploration activities currently underway at the Tete iron/vanadium/titanium project.
Pluton Resources Limited (ASX:PLV) have received final concentrate assay results from the Davis Tube Recovery analysis of the first batch of Yampi Member composite samples from the current Phase II drilling program at the Hardstaff Peninsula, Irvine Island, Western Australia (E04/1172).
Preliminary interpretation of a ground gravity survey completed by Archer Exploration Limited (ASX:AXE) at Wildhorse Plains located on Eyre Peninsula in South Australia, has identified a substantial gravity anomaly that may indicate the presence of hematite at both Campoona Syncline and Mt Desperate.
Australian Market Report of February 21, 2011 includes: Prima BioMed Limited (ASX:PRR) will commence the Phrase III clinical trial for what could be the world's first ovarian cancer immunotherapy vaccine; Redstone Resources Limited (ASX:RDS) announced further high grade copper results at the Tollu copper project in Western Australia; Western Desert Resources Limited (ASX:WDR) reported more high-grade iron ore results at Roper Bar Iron Ore Project in the Northern Territory; Canyon Resources Limited (ASX:CAY) updated on accelerated drilling program in Burkina Faso.
Pluton Resources Limited (ASX:PLV) have received additional final assay results from the current Phase II drilling program at the Isthmus Region and the Hardstaff Peninsula, Irvine Island, Western Australia (E04/1172).
Australian Market Report of February 17, 2011 includes: Malagasy Minerals Limited (ASX:MGY) has commenced a comprehensive vanadium drilling programme in Madagascar; Atlantic Limited (ASX:ATI) raises US$335 million to fund Windimurra vanadium project in Western Australia; Energia Minerals Limited (ASX:EMX) reported a 23% JORC resource increase at the Carley Bore Deposit; Senex Energy Limited (ASX:SXY) recommences oil production in the South Australian Cooper Basin.
Venus Metals Corporation Limited (ASX:VMC) ("Venus") report the results of the Scoping Study on the Yalgoo Iron Ore Project (as completed by Mineral Engineering Technical Services Pty Ltd. Their financial model indicates a potential net present value of A$1.14billion with internal rate of return of 24.4% based on a 30 Mtpa mine.
