ABM Resources NL (ASX:ABU) is pleased to announce that it has reached agreement with Tanami Exploration NL to lease the Coyote Gold Plant and associated infrastructure for processing of ores from the Old Pirate High-Grade Gold Deposit in the Northern Territory, a haulage distance of 77 kilometres.
ABM Resources NL (ASX:ABU) are pleased to provide the Company's Annual Report Year Ended 30 June 2012, including the Chairmans Report to shareholders and Managing Director's Report - Review of Operations.
ABM Resources NL (ASX:ABU) is pleased to announce that, via a transaction between Tanami Gold NL ("Tanami Gold") and APAC Resources Ltd (HKG:1104) ("APAC"), APAC has arranged to become a 19.99% shareholder in ABM. APAC is a Hong Kong based global resource investment business.
ABM Resources NL (ASX:ABU) is pleased to announce that it has entered into a Memorandum of Understanding ("MoU") with Tanami Gold NL (ASX:TAM) to collaborate in assessing the economic potential of processing high grade gold mineralisation from ABM's 100% owned Old Pirate High Grade Gold Prospect at Tanami Gold's Coyote Gold Mine (also known as the "Western Tanami Operations"). The Old Pirate Prospect is located 45 kilometres from the Coyote Gold Mine.
ABM Resources NL (ASX:ABU) is pleased to announce a non-brokered private placement in the Company to Craton Capital LLC ("Craton Capital"). In an irrevocable agreement signed overnight ABM will issue Craton Capital with 177,777,778 fully paid ordinary shares in ABM at a price of A$0.045 per share. The gross proceeds will be A$8 million which will represent approximately 6.5% of the shares of the Company. It is anticipated that the placement will be completed in the next two weeks.
Asian Activities Report for June 8, 2011 includes: Agenix (ASX:AGX) is on track to begin clinical trials in China for its lead Hepatitis B drug; Central Asia Resources Limited (ASX:CVR) reported gold resource increase to 124,000 ounces at Dalabai Gold Project; Tanami Gold NL (ASX:TAM) announced a further substantial increase in its gold Mineral Resources to 2.30 million ounces of gold; Corazon Mining Limited (ASX:CZN) confirmed the existence of a high-grade nickel/copper sulphide discovery at the Lynn Lake nickel sulphide project in Canada.
Asian Activities Report for May 24, 2011 includes: Mincor Resources NL (ASX:MCR) announced a A$30 million joint venture deal covering a suite of high potential gold and copper exploration projects in Papua New Guinea; Tanami Gold NL (ASX:TAM) reported further outstanding results from Central Tanami Project in the Northern Territory; Otis Energy Limited (ASX:FUT) acquired interests in the Avalanche oil and gas project in USA; Midwinter Resources (ASX:MWN) achieved high recoveries and concentrate grades from its Northern Lights Project in South Africa.
Asian Activities Report for May 3, 2011 includes: A-Cap Resources Limited (ASX:ACB) has increased the resource at its Letlhakane Uranium Project in Botswana by 65%; Tanami Gold NL (ASX:TAM) reported further high-grade intersections from Central and Western Tanami Projects; Teranga Gold Corporation (ASX:TGZ) reported new discovery at the Sabodala gold mine in Senegal; Sultan Corporation Limited (ASX:SSC) announced 9.2 million tonnes JORC compliant inferred resource of zinc, lead and copper at the MB Project in Montenegro.
Australian Market Report of February 16, 2011 includes: China Magnesium Corporation Limited (ASX:CMC) was formally granted land rights in China for first phase expansion to 20,000 tonnes per annum; Peninsula Energy Limited (ASX:PEN) signed a long term sale agreement for U3O8 produced from Lance Projects; Tanami Gold NL (ASX:TAM) reported that its gold resources had increased to 2.03 million ounces; EnviroGold (ASX:EVG) applied for additional copper/gold licence in Dominican Republic.
Australian Market Report of November 18, 2010 includes: Tanami Gold NL (ASX:TAM) announced A$8M plant upgrade in Western Australia; Syndicated Metals Limited (ASX:SMD) announced high-grade copper-gold discovery; Aphrodite Gold Limited (ASX:AQQ) reported shallow, high grade gold intersections in Western Australia; Sovereign Metals Limited (ASX:SVM) acquired 100% interest in the Tate River Project in Queensland.
