View in Other Languages Australian Market Report of October 27, 2010: Syngas Limited (ASX:SYS) Signed Memorandum of Understanding With China National Electric Equipment Corporation For Clinton Coal to Liquid Project オーストラリア市場レポート 2010年10月27日: Syngas Limited (ASX:SYS) が Clinton 石炭液化プロジェクトに向け China National Electric Equipment Corporation と覚書を締結 2010年10月27日澳洲股市:Syngas Limited (ASX:SYS)与中国电工设备总公司签署Clinton煤制油项目谅解备忘录 2010년 10월27일 호주 시장보고서: Syngas Limited (ASX:SYS), China National Electric Equipment Corporation과 Clinton CTL 프로젝트에 대한 MOU 체결 Laporan Pasar Australia 27 Oktober 2010: Syngas Limited (ASX:SYS) Menanda tangani Nota Kesepahaman dengan China National Electric Equipment Corporation untu Proyek Batubara Cair Clinton 2010年10月27日澳洲股市:Syngas Limited (ASX:SYS)與中國電工設備總公司簽署Clinton煤製油項目諒解備忘錄 Reporte del Mercado Australiano, 27 de octubre de 2010: Syngas Limited (ASX:SYS) firma Memorando de Entendimiento con China National Electric Equipment Corporation para el Proyecto Carbón a Líquido en Clinton Australischer Marktbericht vom 27. Oktober 2010: Syngas Limited (ASX:SYS) unterzeichnet Einverständniserklärung mit China National Electric Equipment Corporation für das Clinton Kohle zu Flüssigkeit Projekt تقرير السوق الاسترالية ليوم 27 تشرين اول/اكتوبر، 2010: وقعت شركة سينغاز المحدودة Syngas Limited ASX:SYS على مذكرة تفاهم مع الشركة الصينية الوطنية للمعدات الكهربائية لتطوير مشروع كلينتون Clinton لاستخراج وقود الديزل من الفحم. 
Australian Market Report of October 27, 2010: Syngas Limited (ASX:SYS) Signed Memorandum of Understanding With China National Electric Equipment Corporation For Clinton Coal to Liquid Project
Australian Market Report of October 27, 2010: Syngas Limited (ASX:SYS) Signed Memorandum of Understanding With China National Electric Equipment Corporation For Clinton Coal to Liquid Project

Sydney, Oct 27, 2010 AEST (ABN Newswire) - Syngas Limited (googlechartASX:SYS) has signed a Memorandum of Understanding in Beijing with China National Electric Equipment Corporation (CNEEC) in relation to the development of the Clinton Coal to Liquid Project in South Australia. Two parties will now work towards establishing a binding agreement for CNEEC's provision of engineering, procurement and construction services to the Project. CNEEC will also assist Syngas to identify Chinese financial sources to fund, at most, 85% of Clinton Project capital. The project is expected to produce 14,600 barrels per day of mainly ultra clean diesel for over thirty years after commencing production in 2015/2016.

Kimberley Metals Limited (googlechartASX:KBL) said today that its Sorby Hills Joint Venture with Hunan Yuguang Gold & Lead Co., Ltd has completed a 96 hole 8,560 metre Reverse Circulation and diamond drilling program at the Sorby Hills silver/lead project in WA. Drilling intersected high grade mineralisation 25 metres to the north over a hundred metre wide section at shallow depths of <30 metres from surface. Assay returned grades of 88-125 g/t Ag and 7.3%-15.4% Pb.

Southern Cross Goldfields Limited (googlechartASX:SXG) reported initial results from first-pass Reverse Circulation drilling at its 100%-owned Marda Iron Project in Western Australia. Drilling intersects near-surface haematite and magnetite mineralisation. Assays results include 16m @ 50.5% Fe, 43m @ 35.4% Fe and 59m @ 36.8% Fe. Exploration is continuing with field mapping and sampling is planned in the coming months to define additional drilling targets.

Palace Resources Limited (googlechartASX:PXR) has entered into an agreement to acquire a 75 per cent stake in three highly prospective Indonesian coal projects. The projects cover an approximate area of 1,970sqkm and are located close to existing roads and operating ports. Numerous coal outcrops are reported on the acquired leases. Palace will start to collect samples for metallurgical testing. An aggressive exploration program is being planned in mid-November and a maiden JORC resource announcement is expected within six months.

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