Further to the Pan Asia Corporation Limited's (ASX:PZC) announcement of 23 August 2011 "Results confirm potential of Open Pit Area at TCM Project", the Company would like to clarify that the ~3 million tonnes of coal contained within the existing JORC resource that are potentially open pittable, are all of Indicated category.
Asian Activities Report for August 26, 2011 includes: Winmar Resources Limited (ASX:WFE) announced excellent results from the Winmar Deposit at the Hamersley Iron Ore Project in Western Australia; Newland Resources Limited (ASX:NRL) has commenced a drilling program on the Comet Ridge coal project in Central Queensland; King Solomon Mines Limited (ASX:KSO) has resumed drilling at Mud-house gold prospect within the Sonid North gold project; Fox Resources Limited (ASX:FXR) today announced the preliminary economic results of its Revised Scoping Study on the 100%-owned Radio Hill and Sholl Heap Leaching Projects in Western Australia; Suzlon Energy Limited (BOM:532667) announced a contract signed between REpower Systems SE and Wind Works Power Corp.(OTC:WWPW).
Bandanna Energy Limited (ASX:BND) wishes to advise that the retail component of the Entitlement Offer ("Retail Offer") will open on Thursday, 25 August 2011 and will close at 5.00pm (AEST) on Friday, 9 September 2011. The Retail Offer is for the issue of up to approximately 33 million shares at A$ 1.00 each, on the basis of 5 new ordinary shares for every 16 existing ordinary shares held at 7.00 pm (AEST) on Monday 22 August, 2011. The Retail Offer is non-renounceable and is not underwritten.
Asian Activities Report for August 24, 2011 includes: TVN Corporation Pty Ltd (ASX:TVN) announced the results from its latest drilling activities at the Nuurst Project in Mongolia; PMI Gold Corporation (ASX:PVM) reported further positive drilling results from its 100%-owned Obotan Gold Project in Ghana; Senex Energy Limited (ASX:SXY) secures agreement for the pipeline transportation of crude oil from Snatcher oil field; Australia Minerals and Mining Group Limited (ASX:AKA) has updated its kaolin resource at Yilgarn project areas in Western Australia; Biocon Limited's (BOM:532523) subsidiary Clinigene International Limited has signed a strategic partnership agreement with Spaulding Clinical Research, LLC.
Asian Activities Report for August 23, 2011 includes: Whitehaven Coal Limited (ASX:WHC) said today that its Total Coal Resources have increased in the past half year from 1,750 Mt to 1,771.5 Mt; African Iron Limited (ASX:AKI) has received the first batch of assay results from the 2011 drilling campaign at its 80% owned Mayoko Iron Ore Project in Congo; Medusa Mining Limited (ASX:MML) announces the annual update of the JORC compliant Ore Reserve estimation for the Co-O Mine; Gascoyne Resources Limited (ASX:GCY) Glenburgh project gold resource increased to 520,000 oz; Satyam Computer Services Limited (BOM:500376) announced the inauguration of its near shore delivery centre in Netherlands.
Pan Asia Corporation is pleased to announce confirmation of a potential open pit area, from interpretation of results during its Phase 3 in-fill and resource drilling expansion programme, on its 75% owned Trans Coal Minergy coal project in South Kalimantan.
Mongolian focused Aspire Mining Limited (ASX:AKM) (PINK:ASPXF) is pleased to advise that leading coal market consultants Wood Mackenzie, confirmed coking coal from Aspire's Ovoot Project had highly attractive properties and would easily meet the global seaborne market requirements.
