Asian Activities Report for April 12, 2011: CBD Energy (ASX:CBD) To Sign Joint Venture Agreement With Tianwei Baobian (SHA:600550) And Datang Corp (HKG:1798)
Atomic Resources Limited (ASX:ATQ) has entered into a joint venture agreement with Indochina Coal Pty Ltd to explore and develop coal properties in Laos. Laos has significant coking and thermal coal opportunities and is largely unexplored. The parties have compiled a significant database on coal occurrences, completed initial field work in prospective areas, and prioritised exploration opportunities.
Stonehenge Metals Limited (ASX:SHE) announced assay results from the first six holes of the drilling program at its Gwesan Project in South Korea. Best results included 7m at 337ppm U3O8 and 8m at 10,198ppm V2O5. This significant discovery has been made in an area with no historical drilling records. Additional drilling is being planned to extend the discovery, further adding to the exploration potential of the Gwesan Project.
EMC Metals Corp. (TSE:EMC) has commenced environmental site work on the Nyngan Scandium Project in NSW, Australia, in support of a feasibility study planned for the project later this year. The results from the site work will also be included in the Nyngan Project's Environmental Impact Study which is required for approval of a mining permit for the project.
Stonehenge Metals Limited
EMC Metals Corporation
China Datang Corp Renewable Power Co Ltd
CBD Energy Limited
Baoding Tianwei Baobian Electric Co. Ltd
Atomic Resources Limited