Padbury Mining Limited (ASX:PDY) advises that an interview with the company's Managing Director, Gary Stokes, can be accessed on the company's website. The interview covers The Australian article from 12 July regarding the Oakajee Port & Rail proposal and Padbury's Intellectual Property.
Archer Exploration Limited (ASX:AXE) advises that the RC component of resource drilling over the Campoona Shaft portion of the Campoona Graphite Deposit has been completed. The Company's 100% owned Campoona Graphite Project is located approximately 12km north of the township of Cleve on Eyre Peninsula, South Australia.
Baobab Resources PLC (LON:BAO), the mineral exploration and development company with a portfolio of assets in Mozambique, is pleased to provide an update on the metallurgical test work which is being completed as part of the Pre-Feasibility Study (PFS) at its 85% owned Tete pig iron, vanadium and titanium project (IFC (International Finance Corporation) hold a 15% participatory interest).
Baobab Resources (LON:BAO), the iron, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to announce a placing of 50,000,000 ordinary shares ('Ordinary Shares') in the Company (the 'Placing Shares') at a price of 8p, raising GBP4,000,000 before expenses (the 'Placing').
Padbury Mining Limited (ASX:PDY) and Aurium Resources Limited (ASX:AGU) into a Scheme Implementation Agreement (SIA) on 13 February 2012. The End Date under the SIA is currently 31 July 2012. Aurium and Padbury have agreed to extend the End Date from 31 July 2012 to 30 September 2012 to allow for more time for the Merger to be completed.
The Directors of Venus Metals Corporation Limited (ASX:VMC) are pleased to announce that it has been awarded two grants totalling $350,000 for drilling at Radi Hills ($200,000) and Citadel ($150,000) projects under WA Government Exploration Incentive Scheme Co-funded Exploration Drilling Programme. Venus will be required to match the $350,000 funding grant on a dollar-for-dollar basis on direct drilling costs.
Archer Exploration Limited (ASX:AXE) are pleased to provide a Campoona Metallurgy and Drilling Update, highlights include; the final metallurgy results from the composited RC samples returned, RC drill program commenced on 23rd May 2012 near completion, a program of HQ diamond drill holes commenced 27th June 2012, Diamond drilling will support the estimation of JORC Measured and Indicated resource.
