Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the appointment of Mr Selvakumar (Kumar) Arunachalam MAusIMM M.Sc (Geology), M.Tech (Hydrogeology), PG Dip in Geothermal Tech (NZ), Dip in Science (GIS) (NZ) as a Director of the Company effective 15th July 2011. Mr Arunachalam is currently the General Manager - Operations and will continue in that position.
Venus Metals Corporation Limited (ASX:VMC) are pleased to advise that RC drilling for pre-collaring has commenced at the Radi Hills Prospect, Telfer North Super Project.
Indochine Mining Limited (ASX:IDC) is pleased to announce the completion of a drilling program over the Kratie North gold project in Cambodia. Encouraging mineralisation has been intersected, with initial results expected within two weeks. Two main targets were drill tested at Kratie North, in a 16-hole program (2216 metres) of diamond drill core. Pyrite and pyrrhotite mineralisation was intersected in a number of holes over the first target.
Investorium.tv completed the inaugural showcase of investment opportunities in Sydney via live webcast from the Basement in Circular Quay. Six companies (four with ASX listings) with a represented combined market capitalisation of AU$131 Million took to the floor and presented to a qualified group of brokers, analysts and institutional investors.
Speaking to a full house of Investors, Brokers and Analysts in the Sydney CBD Venue, Mr Promnitz presented the portfolio of assets that Indochine has in South East Asia.
VIDEO: Sydney Mining Club Executive Chairman Julian Malnic and Asia Business News CEO Tim Mckinnon introduce Investorium.tv, a platform for connecting Investment Capital with opportunity.
Asian Activities Report for June 17, 2011 includes: Centaurus Metals Limited (ASX:CTM) has acquired a portfolio of iron ore tenements in south-eastern Brazil; L&M Energy Limited (ASX:LME) will commence drilling on Taranaki (New Zealand) drilling programme; U3O8 Limited (ASX:UTO) has received a number of high grade gold and silver assays from the Saltwater Pool Joint Venture project in Western Australia; Saracen Mineral Holdings Limited (ASX:SAR) is on track to meet its maiden full financial year production guidance of 110,000 to 120,000 ounces of gold.
