Zamia is progressing its exploration work on the EPM 17703 (Disney) tenement in parallel with the preparation for follow-up drilling of the Belyando Gold Project (EPM 15145 - Mazeppa Extended)
Gold intersections averaging above 0.5 ppm gold in holes RC14BY004 and RC14BY005 demonstrate the potential for continuing mineralisation down-dip of the deposit mined to date, accomplishing the main objective of Zamia's drilling programme.
Maersk Oil, a wholly owned subsidiary of Copenhagen's AP Moller-Maersk AS, has decided to write off US$1.7 billion of investments in the Wahoo and Itaipu oil fields, while divesting its ownership in the Polvo field.
New highs in so many markets are not the stuff of economic collapses but rather these are indicators that are confirming the continuing current global expansion that I consider will develop into a major long term economic boom. The past couple of months are bringing daylight into this very sunny outlook.
Further to previous announcements made by Victory West Metals Limited (ASX:VWM) (FRA:R1E), the Company has signed a binding Share Purchase Agreement (the Agreement) with the shareholders of SEAE to acquire 100% of South East Asia Energy Resources Pte Ltd (SEAE) for:
Asian Activities Report for November 17, 2011 includes: Northern Star Resources Limited (ASX:NST) has discovered a potential gold bearing quartz lode immediately adjacent to its Paulsens gold mine in Western Australia; Hillgrove Resources Limited (ASX:HGO) has commenced production from a process plant at its Kanmantoo copper mine in South Australia; Dart Mining NL (ASX:DTM) says today that its Unicorn deposit is estimated to contain 38,000 tonnes of recoverable molybdenum, 58,000 tonnes of recoverable copper and 8.6 million ounces of recoverable silver; Mindoro Resources Limited (ASX:MDO) today announces the final results from drilling of the Southwest Breccia epithermal gold shoot at Lobo, the Philippines.
Asian Activities Report for October 28, 2011 includes: Victory West Metals Limited (ASX:VWM) has signed a Heads of Agreement to acquire 100% of South East Asia Energy Resources Pte Ltd; Centrex Metals Limited (ASX:CXM) has received payment of A$8M to commence Stage 3A of the Bungalow Magnetite Joint Venture with Baotou Iron & Steel Group Company Limited; Gryphon Minerals Limited (ASX:GRY) announces more outstanding drilling results from ongoing drilling at the Nogbele Deposit at the Company's flagship Banfora Gold Project in Burkina Faso; Ivanhoe Australia Limited (ASX:IVA) announces the completion of the Osborne Copper-Gold Study and the results of the Preliminary Economic Assessment of the Osborne Project in north-western Queensland.
