Toro Energy Limited (ASX:TOE) can now confirm that current drilling shows the Theseus Prospect to be a large uranium mineralised system that is at least 7.5km2 in area. The tenor of the uranium mineralisation reported from several holes has defined grades at levels that Toro consider, warrant further economic analysis.
Following the discovery of 1.4Bt of ironstone gravel detritals within Dynasty Metals Australia Limited's (ASX:DMA) E52/1927 Prairie Downs project, beneficiation testing has been focusing on low cost gravity and magnetic processing without grinding for the 930 Mt inferred resource grading at >27%Fe. Material >6mm has been crushed to under 6mm for the testing.
Toro Energy Limited (ASX:TOE) (PINK:TOEYF) is pleased to announce the commencement of an enhanced resource assessment drilling program for the Theseus prospect, at the Company's wholly owned Lake Mackay uranium project in Western Australia.
Black Range Minerals Limited (ASX:BLR) is very pleased to advise that all conditions precedent pertaining to the definitive agreement, executed with STB Minerals LLC ("STB") earlier this year, to acquire its 51% interest in the Hansen Uranium Deposit in Colorado, USA, have been satisfied.
Toro Energy Limited (ASX:TOE) (PINK:TOEYF) has commenced a program of pilot plant processing test work as part of its continuing assessment of the Wiluna Uranium Project. The processing plant testwork involves the use of ore samples taken during last year's resource trial pit and is being undertaken off-site in compliance with all relevant government approvals.
Dynasty Metals Australia Limited (ASX:DMA) intends to despatch notice on 10 August 2011 to convene the 2011 AGM on 19 September 2011; An independent Chair to be appointed for the 2011 AGM; and Shareholders are able to exercise their constitutional and listing rule right to nominate candidates for directorships at the AGM 30 business days before the AGM.
Asian Activities Report for July 29, 2011 includes: Northern Minerals Limited (ASX:NTU) announced exciting Heavy Rare Earth Element results from the Browns Range Project in northern Western Australia; Scandinavian Resources Limited (ASX:SCR) has updated global JORC compliant mineral resource for the Kiruna Iron Project in northern Sweden; Venture Minerals Limited (ASX:VMS) announced a maiden direct shipping ore resource of 2.2 million tonnes at 58% Fe at the newly defined Livingstone Deposit; Australia China Holdings Limited (ASX:AAK) has signed a Memorandum of Understanding with Denzo Group to form a Joint Venture Company in China; Dr. Reddy's Laboratories Limited (BOM:500124) has signed a Memorandum of Understanding with Fujifilm Corporation (TYO:4901) for an exclusive partnership in the Generic Drugs business for the Japanese market.
