Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to present an update on the exploration activities currently underway at the Tete iron/vanadium/titanium project.
Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to announce that it has drawn down GBP420,000 of its GBP5,000,000 million Equity Line Facility ("ELF") with Dutchess Opportunity Cayman Fund, Ltd ("Dutchess"), announced on 25 October 2010. The funds will be used to assist with the development of the Company's flagship project at Tete.
Ben is a senior geologist with over 10 years experience in the exploration and mining industry. Graduating with a degree in geology from the University of Otago in 1994, he has since held exploration and development roles in a variety of terrains including the Archaean Greenstone belts of Western Australia, Proterozoic gold and base metal systems in Zambia, porphyry gold-copper deposits in the Romanian Carpathians and Ordovician orogenic mesothermal gold mineralisation in New Zealand's South Island. Ben has worked for various companies including Oceana Gold, RSG Global, Katanga Resources, Hill 50 Gold and Herald Resources.
China Mining Association is a juridical association approved by the State Council of the People's Republic of China, with members ranging over the whole mining industry. The association mainly consists of, on a voluntary basis, domestic and overseas mining corporations (including oil fields), geological prospecting enterprises, nation-wide mining industry associations, province-level mining industry associations (unions), mining industry related scientific research institutes and academies, as well as the mining areas and cities.
Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to present an update on the exploration activities currently underway at the Tete iron/vanadium/titanium project.
Australian Market Report of November 22, 2010 includes: Globe Metals and Mining Limited (ASX:GBE) confirmed significant Heavy Rare Earth discovery in Malawi; Empire Resources Limited (ASX:ERL) discovered nickel-copper-platinoid outcrops in Western Australia; South Boulder Mines Ltd (ASX:STB) has intersected further highly encouraging massive Ni-Cu-PGE sulphides in Western Australia; Energia Minerals Limited (ASX:EMX) has successfully completed aircore drilling within the Nyang and Onslow Uranium Projects in Western Australia.
Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to announce that its application to alter the boundary of exploration licence 1035L, one of three licences comprising the Tete iron/vanadium/titanium project, has been successfully executed.
