Shareholders have unanimously approved the major gold/silver acquisition of a multi-million ounce gold/silver deposit in Papua New Guinea (PNG) for Indochine Mining Limited (ASX:IDC) (Indochine).
Last week in Broken Hill, an Australian mining town for the last 128 years, a band of dedicated miners and explorers got together for the inaugural Resources and Energy Symposium, a conference and seminar showcasing Australia's mining talent, new and old. As the demand for commodities ramps up, new mines and exploration projects are presented for a wide range of commodities including Iron Ore, Cobalt and Tungsten.
Venus Metals Corporation Limited (ASX:VMC) are pleased to report an Additional JORC Compliant Inferred Magnetite Mineral Resource of 201.7 Million Tonnes surrounding Bilberatha Hill. The resource model has been updated with newly interpreted mineralised zones to the North-East, North-West and South of the main Bilberatha JORC Inferred Magnetite Mineral Resource.
Venus Metals Corporation Limited (ASX:VMC) are pleased to announce the purchase of a containerised, modular diamond processing plant for its alluvial diamond project located at Smoke Creek, downstream of the nearby Argyle Diamond Mine in the Kimberley region of Western Australia.
Venus Metals Corporation Limited (ASX:VMC) are pleased to announce that significant conductive anomalies coincident to 5mGal gravity and magnetic anomalies at Radi Hills have been identified from a recently completed Versatile Time Domain Electro-Magnetic (VTEM) Airborne surveys carried out within the Telfer North Super Project (TNSP).
Nova Energy Namibia Pty Ltd (owned by Deep Yellow Ltd, Toro Energy Limited (ASX:TOE) and Sixzone Investments) will commence an approximate 10,000m reverse circulation drilling program this week on their tenements in Namibia. Deep Yellow Limited (ASX:DYL), operating through Reptile Uranium Namibia (Proprietary) Limited, will manage this program designed to test the "Alaskite-style" uranium potential of EPL 3669. The approximate drill lines are shown on Figure 1 and are subject to strict environmental and rehabilitation conditions.
Uranium developer, Toro Energy Limited (ASX:TOE) (PINK:TOEYF) is pleased to announce the appointment of Mr Martin Janes to the role of General Manager - Marketing and Project Finance, as part of the Company's senior management team based in Adelaide.
