The Silver Institute has commissioned a study on the silver market in China. The study will focus on China's importance in the global silver market and will seek to identify emerging trends that could affect the silver price in the next few years.
Peel Mining Limited (ASX:PEX) is pleased to announce that CBH Resources Limited has advised that satisfaction of the farm-in agreement condition precedent regarding the Foreign Investment Review Board has now been received. Under the farm-in agreement (ASX announcement 21.05.12), CBH has the right to earn an interest of up to 50% in the project over a three-year period. This will be achieved through staged expenditure on exploration and a contribution to previous exploration costs incurred by Peel.
Peel Mining Limited (ASX:PEX) is pleased to announce that Mr Ryan Woodhouse has been appointed as Joint Company Secretary. Mr Woodhouse is a current employee of the Company and holds the position of Financial Controller. Mr Woodhouse is a member of the Institute of Chartered Accountants and has 5+ years of accounting and governance experience within the mining and energy industries.
Emerging Cobar district explorer and developer Peel Mining Limited (ASX:PEX) is pleased to announce that Peel and CBH Resources Limited (ASX:CBH), a wholly owned subsidiary of Toho Zinc Co Ltd., have signed a binding Heads of Agreement related to EL7461 and ML1361, which includes the Mallee Bull copper-polymetallic discovery near Cobar.
Perth-based explorer Peel Mining Limited (ASX:PEX) is pleased to announce it has reached agreement with OZ Exploration Pty Ltd, a subsidiary of OZ Minerals Ltd (ASX:OZL), to purchase a strategic exploration license (EL) in close proximity to Peel's Mallee Bull copper-polymetallic discovery.
Indochine Mining Limited (ASX:IDC) Intercepts Very High Grade Gold and Silver at Mt Kare, PNG. Large intercepts of very high grade gold/silver assays have been returned from the mineralised zones in a further 3 drillholes, and highlight the potential at Indochine Mining's (ASX:IDC) major gold/silver project at Mt Kare, in Papua New Guinea (PNG).
Thomson Resources Limited (ASX:TMZ) - The discovery of significant Cobar-type deposits at Hera, Nymagee (YTC Resources (ASX:YTC)) and Mallee Bull (Peel Exploration (ASX:PEX)) have further highlighted the prospectivity of the Cobar region for polymetallic deposits. Thomson Resources has been exploring north and northwest of Cobar for similar deposits with significant success at Cuttaburra, but further exploration has been delayed by excessive wet weather.
