Power Minerals Limited

Okapi Resources Limited (ASX:OKR) is pleased to advise that the Company has entered into a binding heads of agreement to acquire Bulk Mineral Holdings Pty Ltd which holds two (2) granted exploration licenses in Western Australia.

Asian Activities Report for September 13, 2011 includes: Ark Mines Limited (ASX:AHK) has signed an agreement to acquire ownership and control of the Masuparia Contract of Work tenement in Indonesia; PepinNini Minerals Limited (ASX:PNN) today updated on the extensive drilling program at its Robinson Range Iron Ore Project in Western Australia; Forge Resources Limited (ASX:FRG) has signed an option agreement to acquire a 100% interest in the West Eucla Mineral Sand Project; Cabral Resources Limited (ASX:CBS) has applied four new iron ore tenements in Brazil; Tata Chemicals Limited (BOM:500770) said today that Gabon Fertiliser Company and Technip (EPA:TEC) have signed a Pre Construction Services Agreement for the proposed urea fertiliser plant in Gabon.

Asian Activities Report for June 27, 2011 includes: Jupiter Mines Limited (ASX:JMS) has commenced a Feasibility Study on the Mount Ida Magnetite Project in Western Australia; Pepinnini Minerals Limited (ASX:PNN) will commence an extensive drilling program this week at the Robinson Range Project in Western Australia; Encounter Resources Limited (ASX:ENR) reported high grade assay results from the BM1 prospect at the Yeneena project in Western Australia; Rawson Resources Limited (ASX:RAW) announced that the Hoadleys-1 exploration well spudded on the evening of June 25th 2011.

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.

2009 will be an interesting year for Uranium in Western Australia. The change of Government has led to uranium exploration and mining being back in favour but the financial crisis has led to a lack of funds being available for exploration. However the outlook is positive. Uranium usage is tipped to increase with China and India leading the way and Japan also active in the sector.

The Crocker Well Uranium Deposit located in the Curnamona Province of South Australia is being jointly developed by Sinosteel Corporation (60%) and PepinNini Minerals (40%).

An estimated capital cost of A$160 million has been set as the cost of constructing what is likely to be Australia's fifth operating uranium mine - the Crocker Well project being developed in South Australia by Pepinnini Minerals Limited.

Eighty seven surface rock chip samples were collected from ten uranium prospect areas in the vicinity of the Crocker Well and Mt Victoria Uranium Deposits during a field exploration program completed in October.

In accordance with the Memorandum of Understanding signed on 8 th September, 2006, Sinosteel Corporation has paid A$1million and extended the exclusivity period for a further two months to complete due diligence and allow legal documentation to be finalised and approvals to be obtained from the Chinese and Australian Governments for the proposed joint venture to develop Crocker Well and other uranium deposits and explore for base metal prospects in the Curnamona Province of South Australia.

Pepinnini Minerals Limited (ASX: PNN) - New Alliance with Sinosteel Corporation - Mr Norman Kennedy, Managing Director; Boardroomradio is pleased to announce that Pepinnini Minerals Limited (ASX: PNN) has published an audio file.