South Boulder Mines Limited (ASX:STB) is pleased to report that assay results from diamond drilling have returned further high grade potash from the Colluli Area A potash deposit. The results from another two holes within the current JORC/43-101 compliant Mineral Resource Estimate area, continue to confirm the robust nature of the deposit.
FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced that its Pilbara Projects iron ore resources have increased by 16.1 million tonnes, importantly, the result improves the Indicated Resource base by 50.4 million tonnes.
Augur Resources' (ASX:AUK) Managing Director, Grant Kensington, completed a Master of Science with Honours, majoring in Earth Sciences in 1990 and an MBA in 2002. He commenced his professional career with Solo Geophysics in 1991 conducting surveys in Eastern and Northern Australia on tenements and mines held by BHP, CRA, Mount Isa Mines, Billiton and Homestake.
Asian Activities Report for June 29, 2011 includes: Hemisphere Resources Limited (ASX:HEM) updated on the progress of the Yandicoogina South Project in Western Australia's Pilbara region; Proto Resources & Investments Limited (ASX:PRW) has been granted the Mining Lease 1872P/M over the area of the Company's Barnes Hill project from the Tasmanian Government; Cokal Limited (ASX:CKA) has confirmed high quality premium metallurgical coal at its Bumi Barito Mineral project in Indonesia; Resolute Mining Limited (ASX:RSG) provided its gold production and cash cost guidance for the coming 2011-12 year.
Global Nickel Investments NL (ASX:GNI) are pleased to announce that the Company has successfully completed an interim capital raising of approximately A$600,000 by the issue of up to 24 million fully paid shares. This capital raising has been conducted in order to purchase equipment for the Company's up-and-coming drilling campaign at the Mt. Cornell copper project (90% owned Global Nickel and 10% Corazon Limited (ASX:CZN)), Jutson Rocks copper-gold-nickel project (75% Global Nickel and 25% Cazaly Resources Limited (ASX:CAZ)) and Mt. Venn nickel-copper and Volcanic Massive Sulphide ("VMS") target project (80% Global Nickel in joint venture with Platina Resources Limited (ASX:PGM) holding 20%).
Atlas Iron Limited (ASX:AGO) and FerrAus Limited (ASX:FRS) (PINK:FRRAF) are pleased to announce that they have executed landmark agreements to further consolidate the Pilbara region, initially through a combination of the South East Pilbara iron ore assets of Atlas and FerrAus. This will create a substantial and attractive South East Pilbara focussed iron ore development and exploration company with a substantial land holding and resource inventory.
Mr Andrew Gillies has been Managing Director of ASX-listed Metallica Minerals Limited and its subsidiaries since 1997. He has been instrumental in the selection and acquisition of all the mineral assets now held by the Metallica Group. Mr Gillies is a founding Director of Metallica Minerals, Cape Alumina Limited and MetroCoal Limited and also a board member of the Queensland Resources Council, Orion Metals Limited and Planet Metals Limited.
