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Asian Activities Report for September 13, 2011: Ark Mines Limited (ASX:AHK) to Acquire Advanced Indonesian Copper/Gold Project
Asian Activities Report for September 13, 2011: Ark Mines Limited (ASX:AHK) to Acquire Advanced Indonesian Copper/Gold Project
Sydney, Sep 13, 2011 AEST (ABN Newswire) - Ark Mines Limited (ASX:AHK) has signed an agreement to acquire ownership and control of the Masuparia Contract of Work tenement in Indonesia. The tenement is highly prospective and located in a region well known for copper-gold projects. It is believed that this acquisition will give the Company capability to produce gold within twelve months, and the opportunity to define significant resources on the tenement.

PepinNini Minerals Limited (ASX:PNN) today updated on the extensive drilling program at its Robinson Range Iron Ore Project in Western Australia. The drilling program is designed to investigate potential supergene iron ore resources at eleven prospect areas. 53 boreholes have now been completed within six prospect areas, returning encouraging hematite, hematite-goethite iron enrichment with grades over 55% Fe. Drilling is continuing across all prospect areas and further results are expecting.

Forge Resources Limited (ASX:FRG) has signed an option agreement to acquire a 100% interest in the West Eucla Mineral Sand Project. Located in the Eucla Basin, which hosts world class heavy mineral deposits, the Project consists of three contiguous granted exploration licences proven to host significant heavy mineral sand occurrences. The agreement signals a strategic direction of Forge to develop resources within the titanium feedstock industry.

Cabral Resources Limited (ASX:CBS) has applied for four new iron ore tenements in Brazil. These new tenement areas lie within a region of known hematite and magnetite mineralisation, in close proximity to a railway line and Cabral's existing tenement portfolio. Cabral currently has over 330 km2 of tenement areas in its portfolio in Brazil, prospective for iron ore.

Tata Chemicals Limited (BOM:500770) said today that Gabon Fertiliser Company and Technip (EPA:TEC), a world leader in project management, engineering and construction for the energy industry, have signed a Pre Construction Services Agreement for the proposed 1.3 million tonne per annum urea fertiliser plant to be built in the Republic of Gabon. Gabon Fertiliser Company is a joint venture company between Tata Chemicals and Olam International Limited (SIN:O32).


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Related Companies

Tata Chemicals Limited      
Pepinnini Minerals Limited             
Olam International Limited      
Forge Resources Limited             
Cabral Resources Limited      
Ark Mines Limited       

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