Ausquest Limited

Asian Activities Report for August 31, 2011 includes: Carbine Resources Limited (ASX:CRB) reported additional high grade assay results from the Nimbo Prospect within the Madougou Project in Burkina Faso; Uranium Equities Limited (ASX:UEQ) says today that Cameco Corporation (NYSE:CCJ) has purchased the Founders' 10% interest in the PhosEnergy Process for US$4.5 million and Uranium Equities has a 6-month option to purchase 30% of this interest from Cameco; AusQuest Limited (ASX:AQD) has received further highly anomalous silver results from the emerging Phaco Prospect at its Comoe Joint Venture in Burkina Faso; Niuminco Group Limited (ASX:NIU) re-listed on the ASX yesterday after successfully finalised a A$12 million capital raising.

Asian Activities Report for June 21, 2011 includes: AusQuest Limited (ASX:AQD) reported further high-grade gold results from its Comoe Joint Venture in Burkina Faso; PMI Gold Corporation (CVE:PMV) (ASX:PVM) has appointed world class pre-feasibility study team for its Obotan Gold Project in Ghana; Consolidated Tin Mines (ASX:CSD) announced positive results from its Mt Garnet Tin project in northern Queensland; Zenith Minerals Limited (ASX:ZNC) has extended the Kerbar copper/zinc mineralisation to 400 metres strike.

Asian Activities Report for May 4, 2011 includes: Liquefied Natural Gas Limited (ASX:LNG) has executed a Share Placement Agreement with a wholly owned subsidiary of China National Petroleum Corporation; Tap Oil Limited (ASX:TAP) has agreed to sell a 25% interest in the WA-351-P exploration permit in Western Australia to Japan Australia LNG Pty Ltd; Orocobre Limited (ASX:ORE) (TSE:ORL) announced the results of its definitive Feasibility Study of the Salar de Olaroz lithium-potash brine project in Argentina; AusQuest Limited (ASX:AQD) is undertaking major drilling programs to test priority gold prospects at Comoe Project in Burkina Faso.

Dragon Energy Limited (ASX:DLE) is pleased to announce an Exploration Target of 140 to 190 Million tonnes at a grade of 48 to 52% Fe (54 to 56% calcined Fe) at the Company's 100% owned Nameless tenement in central Pilbara.

Dragon Energy Ltd (ASX:DLE) is pleased to announce that it has completed the A$4.5m settlement payment for the Rocklea Project (E47/1024-I) in the Pilbara iron ore province and has assumed 100% title for the tenement. The payment was made to AusQuest Limited (ASX:AQD) and its Joint Venture partners on 19 January 2011. Under the agreement with the Vendor, the Company will make two additional payments.

Dragon Energy Ltd (ASX:DLE) is pleased to announce significant assay results from 100% owned E69/2126-I, which is the eastern tenement of the Lee Steere Project in the Eastern Nabberu Basin, about 200km northeast of Wiluna.

During the quarter D'Aguilar Gold Limited (ASX:DGR) strongly advanced its objectives to become a diversified resource project generator and investment company.