Metallica Minerals Limited (ASX:MLM) is pleased to announce the completion of its first formal JORC resource estimates for the Greenvale and Lucknow nickel-cobalt laterite deposits within the southern portion of the Company's wholly-owned NORNICO nickel-cobalt & scandium project northwest of Townsville in North Queensland.
FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced that it has appointed Mr Bryan Oliver as an Executive Director.
Victory West Moly Limited (ASX:VWM) (ETR:R1E) is pleased to announce the signing of a binding Memorandum of Understanding with China Guangshou Group Corp ("CGGC") that, subject to due diligence, is to acquire a 65% interest in the Malala Molybdenum Project.
Australian Market Report of September 1, 2010 includes; Positive results from RC drilling completed at Zinc Co (ASX:ZNC), NiPlats Australia (ASX:NIP) reported today further high grade lead assays in surface samples, MIL Resources (ASX:MGK) reconnaissance rock and soil sampling at its Poi gold copper project in PNG has reported excellent results, and recent drilling at Overland Resources' (ASX:OVR) Darcy Zinc Deposit has intersected thick zones of visible coarse grained sphalerite.
John Lawton is the founder of Auzex Resources and supported the Company financially through its early development. Through his private company Peninsula Goldfields Pty Ltd, he retains a major shareholding in the Company.
Metallica Minerals Limited (ASX:MLM) is pleased to announce that a maiden resource estimate has been completed for the scandium (Sc) mineralisation at the Lucknow Scandium Laterite deposit within the NORNICO nickel-cobalt-scandium project in North Queensland.
New follow-up drilling completed this month has confirmed continuous scandium mineralised zones including high grade intersections, in two target areas of Metallica Minerals Limited's (ASX:MLM) Lucknow nickel-cobalt and scandium project near Greenvale within the southern area of the Company's flagship NORNICO project northwest of Townsville in Queensland.
