Asian Activities Report for November 10, 2011: Kula Gold Limited (ASX:KGD) Confirms Further High Grade Mineralisation at Kulumadau East
10.11.2011 | ABN Newswire
12:00 AEST Nov 10, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.
Sydney, Australia (ABN Newswire) - Kula Gold Limited (ASX:KGD) says today that drilling confirms further high grade gold mineralisation immediately east of the 685,000 ounce Kulumadau Resource at its Woodlark Island Gold Project in Papua New Guinea. The Company plans to continue its exploration program to establish a resource at Kulumadau East. Engineering studies are continuing with the Definitive Feasibility Study due to be completed at the end of Quarter 1 in 2012.
Kidman Resources Limited (ASX:KDR) has received initial assay results from the first 6 holes of the recently completed 19 hole drilling program at the Blind Calf and Wilmatha projects in central New South Wales. The high grade results, including 5 metres at 5.1% Cu and 4 metres at 4.0% Cu, confirm that copper mineralization extends down-plunge at Dunbars and Blind Calf Lodes. Remaining drilling results are expected in the next few weeks.
African Energy Resources Limited (ASX:AFR) has commenced excavation of a 10,000 tonne bulk sample of coal at the Sese Coal project in northeast Botswana. Coal from the bulk sample will be used for a series of large scale tests, including export trials using the existing rail/port infrastructure, combustion tests for power station boilers, and assessments of the coal's suitability for coal-to-liquids processing.
Automotive Technology Group Limited (ASX:ATJ) says today that its low emission, high fuel efficiency Sprintex(R) supercharger products have won two Global Media Awards last week at the Specialty Equipment Market Association Las Vegas Show, the world's premier and largest automotive aftermarket event. Sprintex(R) competed against over 2,000 entries to win the awards, confirming the industry's approval for Sprintex(R) designs and products. More than 100 new dealers have expressed interest in selling Sprintex(R) products.
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