ABN Newswire Stocks to Watch: April 1, 2010

Sydney, April 1, 2010 AEST (ABN Newswire) - Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that Crosslands Resources Ltd has reported significant drill intersections of massive hematite from exploration drilling at the Brindal prospect. Brindal, located 2.5km south of the main Jack Hills orebody, is the first of several identified exploration targets located outside the main resource position at Jack Hills. Following the success of the initial drilling campaign, Crosslands will proceed with follow-up drilling of the remaining 5km of the underexplored Brindal Gap. Murchison Executive Chairman Paul Kopejtka said: "Murchison has always had confidence in Brindal as a potential source of DSO for the planned expansion of Jack Hills. These results are very encouraging and confirm our expectations".

Iron Road Limited (ASX:IRD) is pleased to announce that a Pre-Feasibility Study of the Central Eyre Iron Project has been awarded to Mineral Engineering Technical Services. The study will encompass the Central Eyre Iron Project comprising three significant iron occurrences of Warramboo, Kopi & Hambidge with an exploration target of 2.8-5.7 billion tonnes magnetite gneiss*. An existing JORC compliant inferred resource estimate of 110Mt at the Boo-Loo prospect is located within the Warramboo Project area. Current resource expansion drilling at Boo-Loo and Dolphin is well advanced. The Company has an internal goal of increasing the CEIP resource to 500Mt this calendar year. Iron Road Chairman, Julian Gosse said that the award of the study contract to Mineral Engineering was a significant milestone for Iron Road on the path to development.

ABM Resources NL (ASX:ABU) is pleased to announce that is has completed the transaction with Newmont Asia securing a further 4700 square kilometres of exploration licenses and confirming ABM as holding the largest ground position in the prospective and underexplored Tanami-Arunta with multiple "discovery stage" and advanced gold prospects. In summary, the Company holds eight "discovery stage" prospects where drilling on more than one drill section revealed exceptional results with a considerable surface or regolith anomaly indicating potentially large gold targets.

iSOFT Group Limited (ASX:ISF), Australia's largest listed health information technology company, today announced a contract worth more than A$2 million with ACT Health in Australia for new patient and emergency software applications at Calvary Public Hospital. The agreement is for the installation of iSOFT Patient Management and iSOFT Emergency at the 280-bed Calvary Hospital this year. About A$900,000 of the total consists of license fees. Owen Smalley, ACT Health's Chief Information Officer, said iSOFT's solutions are the foundation for fully integrated healthcare services and are fundamental for actively improving efficiency and the quality of care services.

Adelaide Energy Limited (ASX:ADE) (PINK:ADEZF) update on the drilling progress at its Hollick #1 well with gas readings of over 2000 units upon intersecting the primary target called the Jacaranda Ridge Sandstone which is estimated to be over 50 metres thick. The deeper Sawpit Sandstone target which flowed gas to surface at rates of 2.5 - 3.0 million cubic feet per day in the Jacaranda Ridge 2 discovery well has been penetrated at a depth of around 2794 metres. Adelaide Energy shares are trading just under their 52 week high.

Contact

Michelle Liang Asia Business News Asia Bureau Tel: +61-2-9247-4344 Email: michelle.liang@abnnewswire.net