View in Other Languages Australian Market Report of September 23, 2010: Moly Mines Limited (ASX:MOL) Spinifex Ridge Iron Ore Project First Shipment On Track 호주 시장보고서 2010년 9월 23일: Moly Mines Limited (ASX:MOL)의 Spinifex Ridge 철광 프로젝트 순조롭게 진행 オーストラリア市場レポート 2010年9月23日: Moly Mines Limited (ASX:MOL) の Spinifex Ridge 鉄鉱石プロジェクトは初回出荷に向け順調 2010年9月23日澳洲股市:Moly Mines Limited (ASX:MOL)的Spinifex Ridge铁矿石项目稳步迈向首批装船的目标 Australischer Marktbericht vom 23. September 2010: Die erste Verfrachtung des Spinifex Ridge Eisenerzprojekts von Moly Mines Limited (ASX:MOL) ist auf dem Weg Laporan Pasar Australia 23 September 2010: Pengapalan Pertama Proyek biji besi Spinifex Ridge yang dimiliki oleh Moly Mines Limited (ASX:MOL) tengah dipersiapkan Reporte del Mercado Australiano de Septiembre 23 del 2010: Moly Mines Limited (ASX:MOL) El Proyecto de Mineral de Hierro de Spinifex Ridge Está Listo Para Su Primer Cargamento 2010年9月23日澳洲股市:Moly Mines Limited (ASX:MOL)的Spinifex Ridge鐵礦石項目穩步邁向首批裝船的目標 
Australian Market Report of September 23, 2010: Moly Mines Limited (ASX:MOL) Spinifex Ridge Iron Ore Project First Shipment on Track
Australian Market Report of September 23, 2010: Moly Mines Limited (ASX:MOL) Spinifex Ridge Iron Ore Project First Shipment on Track

Sydney, Sep 23, 2010 AEST (ABN Newswire) - Moly Mines Limited's (googlechartASX:MOL) (googlechartTSE:MOL) Spinifex Ridge iron ore project is on track for its first shipment in early December 2010. The major milestone of the successful wet commissioning of the new Utah Point shiploader and berth at Port Hedland over this last weekend gives the Company confidence that it is on track to meet its target of first shipment of iron ore. Approximately 70,000 tonnes of Atlas Iron's (googlechartASX:AGO) ore was shipped on the bulk panama vessel, the Bergen Max."This is a significant event for the new iron ore miners of the Pilbara and for Western Australia", commented Dr Derek Fisher CEO.

Falcon Minerals Limited (googlechartASX:FCN) is ready to commence a diamond drilling programme in the first week of October 2010 at its wholly-owned Collurabbie nickel-copper-PGE Project in the Duketon greenstone belt, Western Australia. To date, continuous massive and matrix nickel-copper-PGE sulphide mineralisation has been intersected over a strike length of at least 300m. The upcoming October drilling will comprise 4 to 5 drill holes for approximately 1500m, and aims to test for new mineralised zones to the north of the Olympia Prospect as well as extensions to the Olympia mineralisation defined in Falcon's June 2010 drilling campaign.

The State Government has approved Mount Gibson Iron Limited (googlechartASX:MGX) (googlechartPINK:MTGRF) upgrade of the train unloading facility at the Geraldton Port. As a result of the upgrade, rail unloading capacity at the Geraldton Port will increase to 3000 tonnes per hour, allowing Mount Gibson to increase production from its Mid West operations through the commencement of operations at Extension Hill. Mount Gibson has agreed to fund the upgrade up to A$20 million and it is expected to be completed in time for the first shipments from Extension Hill in the September 2011 quarter.

UraniumSA Limited (googlechartASX:USA) have advised that following in-fill drilling of the Blackbush Prospect within its Mullaquana Uranium Project, located south of Whyalla on South Australia's Eyre, a new Inferred Mineral Resource has been estimated in accordance with the JORC code which contains over three times the maiden estimate. Mineralisation commences at an average depth of 53m. The resource envelope remains open in several directions and within the envelope there are areas of higher than deposit average grade mineralisation. The resource estimate will be updated as more drilling is undertaken.

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