Bailey Mineral NL

Australian Market Report of November 12, 2010 includes: Minotaur Exploration Limited (ASX:MEP) reports maiden JORC gold resource of 70,500 ounces at the Golden Mountain project in VIC; Southern Cross Goldfields Limited (ASX:SXG) reports further drilling results from Johnston Range Iron Ore Targets; Bailey Mineral NL (ASX:BAA) is to acquire Colombian platinum assets; Cape Lambert Resources Limited (ASX:CFE) continues to advance its 100% owned Marampa Iron Ore Project in Sierra Leone.