MIL Resources Limited Company Summary |
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MIL Resources Limited (ASX:MGK) is an Australia-based company. The Company focuses on investing and developing a range of activities in the resource sector. Its activities include the purchase of a 25% interest in the Amazon Bay Ironsands project in Papua New Guinea (PNG) and carrying out work programmes and exploration licence applications in respect of its 50% interest in Titan Metals, which has a portfolio of exploration licenses in PNG for gold, copper, molybdenum and nickel. The Titan Metals project portfolio include Poi project, Central Province; West Lihir Project, New Ireland; Golden Peak Project, Central Province; Domara Creek project, Central Province; New Britain Projects; Palabong Project, New Ireland, and the Tanga Isalnd Project.
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COMPANY DATA |
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Principal Sector |
Materials General |
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Principal Industry |
Mining & Metals |
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Homepage |
www.mgil.com.au |
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Key Developments: MIL Resources Limited
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Asian Activities Report for July 11, 2011: Royal Resources (ASX:ROY) Doubles Magnetite Resource to 537 Million Tonnes at Razorback Iron Ore Project JULY 11, 2011 12:15 - Article Views: 2,687 Asian Activities Report for July 11, 2011 includes: Royal Resources Limited (ASX:ROY) has doubled the Phase II JORC compliant Inferred Resource to a total of 537.2Mt at 25.5% Fe at its 100%-owned Razorback Iron Ore Project in South Australia; Metminco Limited (ASX:MNC) said today that its 100%-owned Los Calatos copper-molybdenum project in south Peru has been declared a "Project of National Interest" by the Peruvian Government; Realm Resources Limited (ASX:RRP) said today that JORC inferred resource of 40.5Mt has been defined on the main seam in the Southern area of the Katingan Ria thermal coal project in Indonesia; MIL Resources Limited (ASX:MGK) will commence a diamond drilling program of up to 4000m at its Golden Peak and Poi gold/copper projects in late August in Papua New Guinea. |
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MIL Resources (ASX:MGK) Signed Memorandum Of Understanding With SinoTech To Raise A$5 Million For Gold And Base Metals Projects In Papua New Guinea OCT 15, 2010 17:13 - Article Views: 2,649 MIL Resources Limited (ASX:MGK) has entered into a Memorandum Of Understanding with Beijing SinoTech Institute of Mineral Exploration Co., Ltd. for Sinotech (or its subsidiary) to become a 30% shareholder in MIL at a fixed price of A$0.034 per share, raising A$5 million gross, and for Sinotech to fund exploration on MIL's Titan Metal's portfolio of copper/gold/nickel/molybdenum exploration projects in Papua New Guinea. |
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Australian Market Report of September 1, 2010: Zinc Co Australia (ASX:ZNC) Positive Drilling Results SEP 1, 2010 13:30 - Article Views: 3,121 Australian Market Report of September 1, 2010 includes; Positive results from RC drilling completed at Zinc Co (ASX:ZNC), NiPlats Australia (ASX:NIP) reported today further high grade lead assays in surface samples, MIL Resources (ASX:MGK) reconnaissance rock and soil sampling at its Poi gold copper project in PNG has reported excellent results, and recent drilling at Overland Resources' (ASX:OVR) Darcy Zinc Deposit has intersected thick zones of visible coarse grained sphalerite. |
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