Australian Market Report of February 11, 2011: Jervois Mining (ASX:JRV) Receives Positive Test Report For The Direct Production Of Scandium-Aluminum Alloy
Brighton Mining Group Limited (ASX:BTN) announced that the soil sample results from an initial program on the Ropoah concession at Antrong in Cambodia have highlighted zones of anomalous mineralisation in the north-east of the concession area. Results include assays as high as 313 ppb gold. The next phase of work will be conducted to generate targets for trenching and drilling.
Iron Ore Holdings Limited (ASX:IOH) announced that Steffen Robertson Kirsten has been awarded the Concept Study contract for the Bungaroo South Project in the Western Pilbara. The Bungaroo South deposit currently contains 241 million tonnes of JORC Resource of average 57.2% Fe grade. Further drilling in close proximity to the deposit will be undertaken in the next few months. The Resource is expected to support the production of a high quality direct shipping product.
MetroCoal Limited (ASX:MTE) has commenced a 70-hole drilling program at Bundi Coal Project in south east Queensland. Drilling rigs will be mobilised on site in the coming weeks. Drilling is designed to increase resource confidence to Indicated level and provide further data for preliminary mining studies.
Metro Mining Ltd
Jervois Mining Limited
Iron Ore Holdings Limited
EMC Metals Corporation
Brighton Mining Group Limited