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.
The Directors of Venus Metals Corporation Limited (ASX:VMC) are pleased to advise the discovery of additional magnetite mineralisation at the East Bilberatha target- Yalgoo Iron Ore Project.
A drilling program begins this week on the Kratie North gold project, where gold bearing veins have been discovered by Indochine Mining Limited (ASX:IDC), which has the largest package of gold/ copper leases in Cambodia.
Venus Metals Corporation Limited (ASX:VMC) are pleased to advise that the Moodini initial drill results include a 120m sulphide rich alteration zone in altered granitoids from 356m in hole MORCD002 which includes precious metal values in silver up to 31.9g/t over 1metre. Results suggest drilling has intersected the edge of a potential large mineralised system with increased focus to the south of the current drillholes.
Asian Activities Report for April 13, 2011 includes: Condor Metals Limited (ASX:CNK) has completed sampling and geophysical work at its Kallona Creek project in Western Australia; Energy Ventures Limited (ASX:EVE) announced positive drilling results from the Aurora Uranium Deposit in USA; Anatolia Energy Limited (ASX:AEK) reported encouraging uranium results at the Temrezli joint venture project in Turkey; Pepinnini Minerals Limited (ASX:PNN) identified significant magnetite potential in South Australia.
