Global Metals Exploration NL (ASX:GXN) directors submit the financial report of the Global Metals Exploration NL (formerly Global Nickel Investments NL) and the entities it controls (referred to hereafter as "the Group") for the half-year ended 31 December 2011.
The Directors of the Resource Mining Corporation Limited (ASX:RMI) are pleased to advise that the Renounceable Rights Issue closed on 7 March 2012 with Eligible Shareholders taking up 28% of the Rights Issue.
Resource Mining Corporation Limited (ASX:RMI) Directors present the financial report of the consolidated entity, consisting of Resource Mining Corporation Limited and its controlled entities ("RMC" or the "Consolidated Entity"), for the half-year ended 31 December 2011.
South Boulder Mines Ltd (ASX:STB) is pleased to announce that Diamond and RC resource definition and extension drilling has recommenced at the Duketon Nickel Joint Venture (DNJV) located ~120km NNW of Laverton in Western Australia. Independence Group NL (ASX:IGO) is earning 70% of the nickel rights by sole funding exploration and development through to the completion of a Bankable Feasibility Study (BFS) within 5 years of the grant of the relevant tenement.
Global Metals Exploration NL (ASX:GXN) is pleased to announce that assay results have been received for the second phase of infill soil-auger drilling at the Company's Jutson Rocks project in the Eastern Goldfields region of Western Australia. The Company can also announce that rotary air-blast (RAB) drilling has re-commenced to follow up the gold anomalies defined to date.
South Boulder Mines Limited (ASX:STB) is pleased to announce that it has entered into a joint venture agreement with TSX listed Strata Minerals Inc. (CVE:SMP) on the non-core Cardabia Phosphate Project in Western Australia.
Further leaching efficiency has been achieved for Resource Mining Corporation's (ASX:RMI) new green-tech nickel recovery process as latest test work continues to optimize the leaching parameters.
