Asian Activities Report for October 21, 2011: Navarre Minerals Limited (ASX:NML) Reports Further High Grade Gold Results from Victoria
Sydney, Oct 21, 2011 AEST (ABN Newswire) - Navarre Minerals Limited (
ASX:NML) announces a further high-grade gold intercept from air-core drilling at its Tandarra prospect in Victoria. The results, including a peak assay of 1 metre at 26.2g Au/t, have met pre-drill expectations and are consistent with typical nuggety quartz reef style gold mineralisation encountered elsewhere in central Victoria. The Company will now commence a A$4.2 million six-month intensive drilling and geophysics program.
Entek Energy Limited (ASX:ETE) today provides an update on the Niobrara Shale Oil Project appraisal program in the Green River Basin in the United States. To date 1 zone in the Frontier Formation has been tested recovering oil and gas, and 4 Niobrara zones have been tested with oil and gas recovered. As part of the appraisal programme, the Company will perform a number of different size fracture stimulations during completion operations as well as trialing various fluid types.
African Iron Limited (ASX:AKI) announces further significant direct shipping ore assay results of up to 61.7% Fe from its 92% owned Mayoko Iron Ore Project in Congo. The current resource definition drilling program continues to confirm the grade and thickness of the iron mineralisation. An interim JORC resource update is currently on track for completion.
MIKOH Corporation Limited (ASX:MIK), a leading supplier of tamper evident Radio Frequency Identification tags, has received two new orders from Thailand and India. An industrial park in Thailand has ordered nine readers and nine antennas to tag the 10,000 vehicles that access the compound daily, while 5,000 inventory tags have been order for L'Oreal of India to be used for asset tracking and will be deployed on high value items such as computers and laboratory equipment.
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