Marmota Energy (ASX:MEU) is an Australian based mineral exploration company operating in the mining friendly state of South Australia. Marmota is an established multi commodity explorer focused on developing uranium, precious and base metal mining projects with the objective of becoming an independent minerals producer.
Australian Market Report of February 28, 2011 includes: TNG Limited (ASX:TNG) has signed a Memorandum of Understanding with a leading Chinese state-owned engineering, development and construction enterprise for Mount Peake Iron-Vanadium Project in the Northern Territory; Territory Uranium Company Limited (ASX:TUC) announce successful intersection at the the Quantum rare earth prospect in the Northern Territory; Firestone Energy Limited (ASX:FSE) has signed a Shareholders JV Agreement with Sekoko Coal for Waterberg Coal Project; Raisama Limited (ASX:RAI) announce oil farm-in for the Bonita Block in the Philippines.
Toro Energy Limited (ASX:TOE) is pleased to announce exciting anomalous uranium intersections from OZ Minerals Limited (ASX:OZL) (PINK:OZMLY) 2010 drilling on the Mt Woods Project, near Prominent Hill in South Australia. Toro has uranium rights covering four exploration tenements surrounding the Prominent Hill Mine Lease in South Australia.
Australian Market Report of February 24, 2011 includes: Viralytics Limited (ASX:VLA) received a patent granting notice from China regarding the use of EVATAK(TM) as ovarian cancer treatment; Peak Resources Limited (ASX:PEK) reported the remaining assay results from the November-December 2010 RC and diamond drilling campaign; Ferrum Crescent Limited (ASX:FCR) has commenced drilling at the Moonlight Iron Ore Project in South Africa; United Uranium Limited (ASX:UUL) announced that No.1 Institute of Geology and Minerals of Shandong Province received investment approval; Gindalbie Metals Limited (ASX:GBG) announced today that the maiden shipment of iron ore from the Karara Iron Ore Project in Western Australia will occur within two months.
Dynasty Metals Australia Limited (ASX:DMA) refers to the shareholder extra-ordinary general meeting ("EGM") convened by Mr Lewis Tay to be held on 21 March 2011, and at which proposed resolutions will be put to Dynasty's shareholders for the removal of Messrs Ian Levy, Malcolm Carson, and Graham Anderson as Directors of Dynasty.
Black Range Minerals Limited (ASX:BLR) has executed a definitive agreement with STB Minerals LLC that provides Black Range an exclusive option to acquire the remaining 51% interest in the ~30 million pound Hansen Uranium Deposit in Colorado, USA.
Preliminary interpretation of a ground gravity survey completed by Archer Exploration Limited (ASX:AXE) at Wildhorse Plains located on Eyre Peninsula in South Australia, has identified a substantial gravity anomaly that may indicate the presence of hematite at both Campoona Syncline and Mt Desperate.
