Legacy Iron Ore Limited

In a first for an Australian explorer, Legacy Iron Ore (ASX:LCY) has an investment and the backing of India's largest iron ore miner NMDC. Legacy has a platform to develop into a significant iron ore and bulk commodity company.

Asian Activities Report for October 26, 2011 includes: Enterprise Metals Limited (ASX:ENT) has lodged five new exploration licence applications for the the Ponton Uranium Project in Western Australia; Alkane Resources Limited (ASX:ALK) has signed a Memorandum of Understanding with a European company to produce and market ferro-niobium using niobium concentrate from Alkane Resources' Dubbo Zirconia Project; Legacy Iron Ore Limited (ASX:LCY) announces that phase 2 of the Mount Bevan resource definition drilling programme continues to intersect thick sections of magnetite; Uranex Limited (ASX:UNX) has confirmed the presence of coal within the Lumecha Coalfield, part of its 100% owned Songea Coal Project in Southern Tanzania.

Asian Activities Report for September 15, 2011 includes: Legacy Iron Ore Limited (ASX:LCY) has received a formal binding offer from the Indian government owned National Mineral Development Corporation Limited ("NMDC") for NMDC to become a cornerstone investor in Legacy via a placement agreement; Orpheus Energy Limited (ASX:OEG) has received a preliminary pit design for its B26 coking and thermal coal project in Indonesia; Argentina Mining Limited (ASX:AVK) has identified a potential sulphide mineralised system at its flagship Cerro Blanco Porphyry Copper Project in Argentina; Red Mountain Mining (ASX:RMX) has intersected significant gold mineralisation during its initial underground drilling program at the Zhongqu project in Gansu Province, China; Reliance Capital Limited (BOM:500111) has received a regulatory approval for its proposed 26% stake sale in Reliance Life Insurance to Nippon Life Insurance.

Asian Activities Report for August 15, 2011 includes: Dyesol Limited (ASX:DYE) achieved final milestones at the dye solar cells on steel project; U3O8 Limited (ASX:UTO) today announced further sampling results from the Saltwater Pool joint venture project in Western Australia; Legacy Iron Ore Limited (ASX:LCY) will commence a second phase of 6,000m RC drilling next week at the Mt Bevan Iron Ore project in Western Australia; Alkane Resources Limited (ASX:ALK) has signed a Memorandum of Understanding ("MOU") to form a joint venture to market zirconium products.

Asian Activities Report for August 4, 2011 includes: Legacy Iron Ore Limited(ASX:LCY) said today that field work at Mt Alexander has indicated potential for an additional major magnetite resource; Iron Ore Holdings Ltd (ASX:IOH) announced results of Phase 1 Pre-Feasibility Study for the Iron Valley Project in Western Australia; Diatreme Resources Limited (ASX:DRX) has lodged a mining application for the Cyclone heavy mineral project; Marmota Energy Limited (ASX:MEU) has identified multiple large-scale drill ready targets on its 100%-owned West Melton Copper Gold Project; Lanco Infratech Limited (BOM:532778) has been selected as a bidder for the development of the Gare Pelma Sector II coal block in India.

Sino Gas & Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, is pleased to advise that it has signed an agreement to raise up to A$29.4 million in new funds from SpringTree Special Opportunities Fund, LP, a New York-based institutional investor, over the next two years.