View in Other Languages Asian Activities Report for October 12, 2011: Fortescue Metals Group (ASX:FMG) Increases Total Iron Ore Resource Inventory to 11.42 Billion Tonnes 2011年10月12日亚洲活动报告:Fortescue Metals Group (ASX:FMG)铁矿石资源总量增加至114.2亿吨 2011년 10월12일 아시아 현장보고서: Fortescue Metals Group (ASX:FMG), 철광석 자원 총 재고량 114.2억 톤으로 상향조정 アジア市場活動レポート 2011年10月12日:フォーテスキューメタルズグループ (Fortescue Metals Group) (ASX:FMG) が合計鉄鉱石資源在庫量を 114 億 2,000 万トンへと増加 2011年10月12日亞洲活動報告:Fortescue Metals Group (ASX:FMG)鐵礦石資源總量增加至114.2億噸 
Asian Activities Report for October 12, 2011: Fortescue Metals Group (ASX:FMG) Increases Total Iron Ore Resource Inventory to 11.42 Billion Tonnes
Asian Activities Report for October 12, 2011: Fortescue Metals Group (ASX:FMG) Increases Total Iron Ore Resource Inventory to 11.42 Billion Tonnes

Sydney, Oct 12, 2011 AEST (ABN Newswire) - Fortescue Metals Group Limited (googlechartASX:FMG) says that the total iron ore resource at the Nyidinghu ore body has exceeded 2 billion tonnes and the Company's total resource inventory has increased to 11.42 billion tonnes. The Company will continue drilling to increase the resource size and may ultimately add a further 400-500 million tonnes. It is expected that the Company may be in a position to announce Indicated Resources late in the first quarter of calendar year 2012.

Credo Resources Limited (googlechartASX:CRQ) has entered into an agreement to acquire a 100% interest in Riverglide Investments Pty Ltd, which holds extensive interests in gold permits in Burkina Faso. These permits are all located in a proven world class gold province. The Company plans to rapidly evaluate a number of permits and targets whilst drill test the known gold workings.

Carnarvon Petroleum Limited (googlechartASX:CVN), together with its joint venture partner Pan Orient Energy (googlechartCVE:POE), says that NSE-F6 Development Well located onshore Thailand has been successfully drilled and is currently on production at a rate of approximately 1,000 bopd gross. This is the first high rate well drilled at the NSE-F1 field and the joint venture will pursue three follow-up appraisal wells prior to year end.

Unity Mining Limited (googlechartASX:UML) has signed an agreement to farm into the Firetower exploration project held by Greatland Gold plc (googlechartLON:GGP). The farm-in agreement will enable Unity Mining to leverage experience in Tasmanian gold exploration on a substantially increased ground position, and reinforces its strong commitment to gold exploration and production in Tasmania. Unity Mining may earn up to a 75% interest by spending A$7 million over 5.5 years.

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