Magnetic Resources (ASX:MAU) has continued to advance the exploration within its wholly owned Wubin and Jubuk iron ore projects and two major drilling programmes are planned for the promising Wubin hematite/pisolite and Jubuk magnetite projects totalling 9,000m RC and 2,000m AC.
Australian Market Report of October 1, 2010 includes: Australian-American Mining Corporation (ASX:AIW) announced potentially large rare earth/specialist metal discovery in USA; Alloy Resources Limited (ASX:AYR) reported high grade Mn deposits in NSW; Thundelarra Exploration Limited (ASX:THX) received additional assay results from the Hayes Creek Uranium project; Blina Diamonds NL (ASX:BDI) secures foothold into the Mongolian coal sector.
Australian Market Report of September 30, 2010 includes; Azure Minerals Limited (ASX:AZS) has commenced an extensive exploration program in Mexico; Intrepid Mines Limited (ASX:IAU) (TSX:IAU) reported an initial Inferred Resource of 500 million tonnes at 0.4% copper and 0.5 g/t gold in Indonesia; White Cliff Nickel Limited (ASX:WCN) has identified additional zones of copper rich mineralisation; Avanco Resources Limited (ASX:AVB) has received an initial US$100,000 payment from Vale S.A. (NYSE:VALE) in relation to Trindade North acquisition.
Murchison Metals Limited (ASX:MMX) is pleased to provide a further update on its mining and infrastructure joint ventures with Mitsubishi Development Pty Ltd ("Mitsubishi"), a subsidiary of Mitsubishi Corporation (TYO:8058), Japan's largest general trading company.
Queensland Mining Corporation Limited (ASX:QMN) is pleased to announce the results of a resource review at the Mt McCabe Project (QMC 100% owned), located south of Cloncurry in North West Queensland.
Havilah Resources NL (ASX:HAV), has previously announced two new iron ore discoveries at its 100% owned Lilydale and Maldorky iron ore projects. These discoveries form part of an emerging iron ore province in the northeast of South Australia, that is associated with the folded and deformed Braemar Iron Formation of Precambrian age.
Iron Road Limited (ASX:IRD) is pleased to advise that Stage 5 drilling at the Central Eyre Iron Project (CEIP) is proceeding to plan.
