Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the appointment of Mr Patrick Tan as the Company's Chief Financial Officer and Company Secretary (Full-Time). The appointment will be effective 1st September 2011.
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.
Venus Metals Corporation Limited (ASX:VMC) are pleased to advise a New Gold discovery at Bassit Bore Prospect, (E09-1676) (3.13 km2) Mt Phillips ("Tenement"). The Company has signed an agreement with a prospector for an option to purchase the Tenement for a total consideration of A$155,000 (inclusive of the option fee) payable in 3 instalments over a two year period. A A$25,000 non-refundable option fee has been paid and the option is exercisable at any time up to 10th February 2012.
Asian Activities Report for August 15, 2011 includes: Dyesol Limited (ASX:DYE) achieved final milestones at the dye solar cells on steel project; U3O8 Limited (ASX:UTO) today announced further sampling results from the Saltwater Pool joint venture project in Western Australia; Legacy Iron Ore Limited (ASX:LCY) will commence a second phase of 6,000m RC drilling next week at the Mt Bevan Iron Ore project in Western Australia; Alkane Resources Limited (ASX:ALK) has signed a Memorandum of Understanding ("MOU") to form a joint venture to market zirconium products.
Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the appointment of Mr Alan Birchmore as a Non-Executive Director of the Company effective 8th August 2011.
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.
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.
