Posts by ABN NEWSWIRE:

Eagle Eye Metals Limited (ASX:EYE) completed drilling at Dankassa gold project

Eagle Eye Metals Limited (ASX:EYE) is pleased to advise that it has successfully completed its inaugural drilling campaign at the Dankassa Gold Project in Mali. Drilling by previous owners at the Dankassa Project defined extensive bedrock gold mineralisation in an area referred to as the Kourouba Prospect - a 5 kilometre long coherent gold in soil anomaly.
ABN NEWSWIRE | July 14, 2011 | 12:27 pm

Oceanwide to increase its shareholding in CuDeco to 19.9%

CuDeco Limited (ASX:CDU) said today that FIRB has approved Oceanwide International Resources Investment Co. Limited to increase its shareholding in CuDeco to 19.9% through a further 15 million share subscription at A$3.80 per share. The raised funds will be utilised for CuDeco's flagship Rocklands Group Copper Project in Cloncurry in northwest Queensland. The Project is expected to commence commissioning in late 2012 or early 2013.
ABN NEWSWIRE | July 7, 2011 | 10:30 pm

Deep Yellow Limited announces new high-grade uranium discovery at Alaskite

Advanced stage uranium explorer Deep Yellowannouned that its wholly-owned Namibian operating entity, Reptile Uranium Namibia Ltd ('RUN') has made a new alaskite discovery at target MS7, which was recently identified from structural and geological mapping. MS7 is only 2.5 kilometres southwest of the company's Ongolo Alaskite deposit, which has a JORC compliant resource of 6.9 Million tonnes at 410 ppm for 6.2 Million Pounds U3O8 at a 275 ppm cut-off. Ongolo is a key component of the Company's flagship Omahola Project.
ABN NEWSWIRE | July 7, 2011 | 10:24 pm

Rum Jungle Resources Limited (ASX:RUM) announce Barrow Creek 1 Resource Estimate

Rum Jungle Resources Limited has received an initial assessment of the Resource potential of the drilled grid area at Barrow Creek 1 from the Independent Geologists. The Company is extremely optimistic with these early favourable results that a major new resource of world class can be established by increasing the drill grid to incorporate an additional 20,000 metres of drilling in the current field season.
ABN NEWSWIRE | June 28, 2011 | 3:16 am
mongolia map mining

Aspire Mining lifts Ovoot coking coal production targets to 12 million tpa

Mongolian-focused coking coal explorer Aspire Mining Limited has lifted production expectations for its Ovoot Coking Coal Project (Ovoot) based on the latest compilation of coal washability test results. Results from recent coal washability testing confirm a very high theoretical yield of 80% to produce a product with 8% ash content and CSNs of 8 to 9, making it potentially the lowest ash coking coal product in Mongolia.
ABN NEWSWIRE | June 24, 2011 | 11:43 pm

Iron Road Limited (ASX:IRD) Raises A$21M to Advance Central Eyre

Iron Road Limited (ASX:IRD) is pleased to announce it has successfully raised A$21.6 million to further advance the Central Eyre Iron Project following the recently completed positive prefeasibility study. "The funds raised today will allow us to continue our aggressive resource drilling campaign and deliver additional large tonnages into the project. We are currently drilling the Murphy South western extension and PIRSA have this week approved drilling over the Murphy South eastern extension. This work will further enhance our position as we continue our partnership discussions.
ABN NEWSWIRE | June 22, 2011 | 10:38 pm

Mutiny Gold Limited (ASX:MYG) Announce Significant High Grade Gold Drill Results from Deflector Deposit

Mutiny Gold Limited (ASX:MYG) ("Mutiny" or the "Company") is pleased to announce that its ongoing exploration program has delivered significant new high grade gold intersections to the North and South of existing resources at the Company's Deflector Gold Deposit. The most northerly hole drilled as part of the current program, drill hole 11DRC063, which was located 140 metres north of the new high grade discoveries and 270 metres to the north of the current resource boundary, delivered an encouraging result of 3m at 9.9 g/t highlighting the potential that remains along strike at Deflector.
ABN NEWSWIRE | June 22, 2011 | 2:36 pm