View in Other Languages Asian Activities Report for October 5, 2011: Stonehenge Metals (ASX:SHE) Updates on Uranium Activities in South Korea 2011년 10월5일 아시아 현장보고서: Stonehenge Metals (ASX:SHE), 한국 우라늄 사업 최근 현황 발표 アジア市場活動レポート 2011年10月5日:ストーンヘンジメタルズ(Stonehenge Metals)(ASX:SHE)は韓国でのウランの動向に関する情報を更新 2011年10月5日亚洲活动报告:Stonehenge Metals (ASX:SHE)韩国铀矿活动进展更新 2011年10月5日亞洲活動報告:Stonehenge Metals (ASX:SHE)韓國鈾礦活動進展更新 
Asian Activities Report for October 5, 2011: Stonehenge Metals (ASX:SHE) Updates on Uranium Activities in South Korea
Asian Activities Report for October 5, 2011: Stonehenge Metals (ASX:SHE) Updates on Uranium Activities in South Korea

Sydney, Oct 5, 2011 AEST (ABN Newswire) - Stonehenge Metals Limited (googlechartASX:SHE), an Australian-based company with a pipeline of uranium prospects in South Korea, has commenced a preliminary pit optimisation to help identify key areas for resource upgrade. The Company has also commenced a metallurgical test program, focusing on extracting the full potential value of the ores from the Daejon Project. Latest metallurgical test work has delivered 90% Uranium and 68% Vanadium extraction.

Robust Resources Limited (googlechartASX:ROL) has completed the acquisition of JAMM Investment Consolidations Pty Ltd, a company that holds a highly prospective portfolio of copper-gold exploration assets in the Philippines. The Board of Robust Resources has approved a A$2.67 million exploration budget to commence drilling at the Ganymede prospect during this quarter.

New Hope Corporation Limited (googlechartASX:NHC) says today that the Company has received a number of preliminary and incomplete takeover proposals from third parties and will commence a formal process to invite selected parties to submit proposals to the Board for its consideration. The process is expected to take several months and may or may not result in a proposal being made or recommended by the Board.

Avenue Resources Limited (googlechartASX:AVY) has entered into a conditional agreement to acquire 100% of the issued shares in Triumph Tin Mining Limited. Triumph has signed a binding Letter of Intent with Lara Exploration Ltd (googlechartCVE:LRA) to explore and develop Lara's tin projects in northwest Brazil.

Plentex Limited (googlechartASX:PRM) has signed a conditional agreement for the acquisition of all the shares in Organic Fuels Algae Technologies LLC, a US-based leading algae technology company. The acquisition will provide Plentex with a critical competitive advantage as it pursues its objective of becoming a leading global producer of sustainable, algae-based raw materials for the renewable fuel and energy, livestock feed and nutraceutical industries.

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