Padbury Mining Limited (ASX:PDY) and its joint venture partner Aurium Resources Limited (ASX:AGU) are pleased to announce excellent results from the most recent magnetite drilling campaign and Davis Tube Recovery (DTR) test work at the Peak Hill Iron project.
Queensland Mining Corporation (ASX:QMN) announces the appointment of Dr Lakshman Jayaweera ("Dr Lakshman") whose eminent qualifications, expertise and proven track record will be especially beneficial to the Company.
The Board of Archer Exploration Limited (ASX:AXE) is pleased to announce the appointment of Dr David Lock effective today to head the Company's metallurgical testing, process flow sheet definition, pilot plant testing and operating plant design for the Campoona Graphite Deposit.
ASX-listed Cleveland Mining (ASX:CDG) aims to build a 5 million tonne per annum iron ore operation in northern Brazil after signing an Option Agreement over the Ferradura iron ore project. A review of existing drilling information by mining consulting group SRK confirmed the project's potential to hold a mineral resource of several hundred million tonnes of hematite and magnetite mineralisation.
Queensland Mining Corporation (ASX:QMN) is pleased to announce that it has entered into three separate transactions with its neighbour in the Cloncurry District of northwest Queensland, Ivanhoe Cloncurry Mines Pty Ltd (Ivanhoe), a wholly owned subsidiary of Ivanhoe Australia Limited (ASX:IVA). These agreements will facilitate the economic exploitation of QMC's copper/gold and cobalt deposits at its flagship White Range Project.
Padbury Mining Limited (ASX:PDY) and Aurium Resources Limited (ASX:AGU) entered into a Scheme Implementation Agreement (SIA) on 13 February 2012. The End Date under the SIA is currently 30 June 2012. Aurium and Padbury have agreed to extend the End Date from 30 June 2012 to 31 July 2012 to allow for more time for the Merger to be completed.
Archer Exploration Limited (ASX:AXE) advises that initial metallurgical test work results from Campoona drill samples drilled in February and April 2012 have been received. The Company's 100% owned Campoona Graphite Project is located approximately 12km north of the township of Cleve on Eyre Peninsula, South Australia.
