An internationally experienced independent expert in nickel laterite exploration data and modelling has praised Perth-based specialist mineral exploration company Resource Mining Corporation Limited (ASX:RMI) for its innovative drilling and sampling exploration procedures.
Eagle Eye Metals Limited (ASX:EYE) is pleased to announce that Birimian Gold Limited, a company being acquired by Eagle Eye, has been granted a reconnaissance licence covering 1131km2 at the Basawa Gold Project in south-eastern Liberia.
Asian Activities Report for May 2, 2011 includes: East Energy Resources Limited (ASX:EER) announced a maiden JORC Indicated Resource of 469 million tonnes of thermal coal at its Blackall Coal Project in Central Queensland; Oilex Limited (ASX:OEX) advises that the La Rocca-1 well on the WA-388-P permit offshore Western Australia was spudded on 30 April 2011; PT ANTAM (Persero) Tbk (ASX:ATM) reported strong corporate results for the first quarter of 2011; Bioniche Life Sciences Inc. (TSE:BNC) (ASX:BNC) opened its new Animal Health and Food Safety Vaccine Manufacturing Centre in Canada.
South Boulder Mines Limited (ASX:STB) is pleased to report that further significant preliminary potash assays have been returned from drilling conducted both within the current JORC/43-101 compliant Mineral Resource Estimate area and from outside of the current resource boundary. The results continue to confirm visual field estimates of grade and mineralisation and provide encouragement that an economic open pit mine can be developed. Extensive shallow mineralisation has already been defined and reported as detailed in the ASX releases dated 19th January and 28th March 2011.
South Boulder Mines Limited (ASX:STB) is very pleased to report that the new potash discovery located approximately 10kms northwest along strike of the current 43-101/JORC compliant Colluli Potash Resource continues to deliver shallow potash in all diamond holes drilled to date. The mineralisation has been intersected over approximately 5km2 and is open in all directions. With further drilling, the area of mineralisation is expected to grow significantly.
Asian Activities Report for April 21, 2011 includes: Atomic Resources Limited (ASX:ATQ) signed agreements to acquire coal leases in southwest Tanzania; Western Areas NL (ASX:WSA) announced an update of the Mineral Resource at Flying Fox nickel mine; Mission NewEnergy Limited (ASX:MBT) (NASDAQ:MNEL) announced the pricing of its U.S. public offering; Senex Energy Limited (ASX:SXY) is to test unconventional gas potential in South Australia.
Global Nickel Investments NL (ASX:GNI) is very pleased to announce that it has concluded an agreement for the provision of AUD$22.5 million of capital to the Company to underpin its exploration strategy in the Jutson Rocks Greenstone Belt, where it has tenements covering Jutson Rocks, Mt. Cornell and Mt. Venn and project acquisition potential.
