Venus Metals Corporation Limited (ASX:VMC) are pleased to advise that the Pre-Feasibility study for the Yalgoo Iron Ore Project has commenced and the contract has been awarded to ProMet Engineers.
Venus Metals Corporation Limited (ASX:VMC) are pleased to advise that the RC and Diamond drilling programme has commenced at the Eucla Moodini Project.
Toro Energy Limited (ASX:TOE) (PINK:TOEYF) has submitted documentation on which the Federal and Western Australian Governments will make final decisions about the company's 100% owned Wiluna Uranium Project.
Toro Energy Limited (ASX:TOE) is pleased to announce exciting anomalous uranium intersections from OZ Minerals Limited (ASX:OZL) (PINK:OZMLY) 2010 drilling on the Mt Woods Project, near Prominent Hill in South Australia. Toro has uranium rights covering four exploration tenements surrounding the Prominent Hill Mine Lease in South Australia.
The Directors of Venus Metals Corporation are pleased to confirm the granting of tenement E59/1593 "Yarloo Well "Murchison Base Metal Project. The Yarloo Well Project has returned anomalous base metal geochemistry from a Venus initiated CSIRO well and water bore sampling program. A significant result was returned from a sample collected at the Yarloo Well with strongly elevated Cu (466ppb) and Zn (540ppb) values.
Toro Energy Limited (ASX:TOE) (PINK:TOEYF) announce the execution of a comprehensive Letter of Intent with MPI Nickel Pty Ltd which sets out the commercial and legal framework for the purchase of certain mining tenements adjacent to the Centipede deposit at Toro's Wiluna Uranium Project in Western Australia.
Venus Metals Corporation Limited (ASX:VMC) ("Venus") report the results of the Scoping Study on the Yalgoo Iron Ore Project (as completed by Mineral Engineering Technical Services Pty Ltd. Their financial model indicates a potential net present value of A$1.14billion with internal rate of return of 24.4% based on a 30 Mtpa mine.
