As a result of a significant increase in MetroCoal Ltd's (ASX:MTE) share price last week and regular questions raised by shareholders and investors; Metallica Minerals Limited (ASX:MLM) is pleased to provide an update on its cash position and the approximate value of the Company's ASX-listed investments, as of today's date. Similar updates will be issued periodically.
Perth-based emerging innovative minerals explorer Resource Mining Corporation (ASX:RMI) has raised nearly a million dollars to continue to develop its Wowo Gap nickel and cobalt project in Papua New Guinea.
Global Nickel Investments NL (ASX:GNI) is pleased to report that follow up of the all the helicopter borne electromagnetic anomalies in the Mt Cornell, Mt Cumming and Mt Venn areas of the Jutson Rocks Project by ground electromagnetics has been completed. As previously reported, heavy rainfall in the district has caused a delay of almost two months to complete the ground geophysical follow up.
FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced that the iron ore reserve estimate has increased to 163 million tonnes, at 57.4 per cent Fe, for the FerrAus Pilbara Project in Western Australia.
Resource Mining Corporation Limited (ASX:RMI) has launched a new website to better communicate with stakeholders and investors.
Metallica Minerals Limited (ASX:MLM) is pleased to advise that its 76% owned subsidiary, Planet Metals Limited (ASX:PMQ), has announced that the sale of the Wolfram Camp Project has been completed.
South Boulder Mines Limited (ASX:STB) is very pleased to report that drilling has resumed at the Colluli Potash Project with further immediate success.
