A drilling program begins this week on the Kratie North gold project, where gold bearing veins have been discovered by Indochine Mining Limited (ASX:IDC), which has the largest package of gold/ copper leases in Cambodia.
Venus Metals Corporation Limited (ASX:VMC) are pleased to advise that the Moodini initial drill results include a 120m sulphide rich alteration zone in altered granitoids from 356m in hole MORCD002 which includes precious metal values in silver up to 31.9g/t over 1metre. Results suggest drilling has intersected the edge of a potential large mineralised system with increased focus to the south of the current drillholes.
Asian Activities Report for April 15, 2011 includes: Wasabi Energy Limited (ASX:WAS) has commenced the construction of Kalina Cycle(R) Laboratory and Testing Facility in Shanghai; Aurora Minerals Limited (ASX:ARM) has commenced copper and manganese drilling in Western Australia; Shaw River Resources Limited (ASX:SRR) is to raise A$25m to progress development of manganese assets in Namibia, Australia and Ghana; Avanco Resources Limited (ASX:AVB) advised that Vale SA (NYSE:VALE) has commenced drilling at Trindade North Iron Ore Project in Brazil.
Archer Exploration Limited (ASX:AXE) is pleased to announce that drilling at four exploration targets (Sugarloaf - graphite, Salt Creek - manganese, Emu Plains - copper and Campoona - iron) was completed on Saturday 9th April 2011.
Overland Resources Limited (ASX:OVR) is pleased to announce that it has completed the second and final tranche of its A$11.9 million placement (the "Placement") following receipt of shareholder approval at a general meeting on 13 April 2011.
Asian Activities Report for April 14, 2011 includes: DataMotion Asia Pacific Limited (ASX:DMN) has completed a 3D gravity survey on M12 rare earth elements target and is planning drilling in April 2011; MobileActive Limited's (ASX:MBA) RingRing Studios mobile applications surpass 1,000,000 downloads worldwide; UXA Resources Limited (ASX:UXA) intersected a 3-metre zone of visual mineralisation at the Dome 5 zinc-lead-silver prospect in NSW; Avanco Resources Limited (ASX:AVB) reported that drilling at Serra Verde Copper Project in Brazil continues to show great promise.
Asian Activities Report for April 13, 2011 includes: Condor Metals Limited (ASX:CNK) has completed sampling and geophysical work at its Kallona Creek project in Western Australia; Energy Ventures Limited (ASX:EVE) announced positive drilling results from the Aurora Uranium Deposit in USA; Anatolia Energy Limited (ASX:AEK) reported encouraging uranium results at the Temrezli joint venture project in Turkey; Pepinnini Minerals Limited (ASX:PNN) identified significant magnetite potential in South Australia.
