Asian Activities Report for September 21, 2011: Impact Minerals Limited (ASX:IPT) Updates on Exploration Activities in Botswana
Sydney, Sep 21, 2011 AEST (ABN Newswire) - Impact Minerals Limited (ASX:IPT) has commenced a major drilling programme at its Botswana Uranium Project. The first results are expected soon and will determine the scope of the drilling programme. The Company has also completed a major airborne magnetic survey over the northern part of the Xade Copper-Nickel-PGE project in central Botswana. The data has been received and a detailed interpretation is in progress.
Cokal Limited (ASX:CKA) has purchased an additional 10% of both the Bumi Barito Mineral and Borneo Bara Prima metallurgical coal projects in Indonesia, bringing Cokal's ownership of the two projects to 60%. The exploration program at the Bumi Barito Mineral project has progressed well, while planning and initial groundwork is well advanced at the Borneo Bara Prima project to enable drilling to commence in the near future.
Manas Resources Limited (ASX:MSR) reported final results from drilling at its 100%-owned Shambesai Gold Project in the Kyrgyz Republic. Two wide intersections of 54m at 2.9 g/t Au and 19m at 1.1 g/t Au were returned. Resource update for Shambesai remains on schedule for release later this month, and Feasibility Study will be completed in the December Quarter.
Tiger Resources Limited (ASX:TGS) provided a production update for August 2011 from its high-grade Kipoi Copper Project in the Democratic Republic of Congo. The plant's maintenance work has finished and the operation is moving steadily towards achieving nameplate production rates and recoveries. It is expected that export sales will commence in October 2011.
Tata Consultancy Services Limited (BOM:532540) has signed a five-year multi-million contract with Deutsche Bank (NYSE:DB) to deliver IT services to the Bank at locations in USA, UK, Germany, Hungary, Philippines, Singapore and India. This will help reduce service complexity and enhance customer experience for the Bank.
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