AQR (AUSSIE Q RESOURCES LIMITED) 2008-06-24:
Aussie Q Resources announced outstanding high grade molybdenum intercepts from the Company's ongoing drilling program at its flagship Whitewash Copper/Molybdenum Prospect, Qld. Significant intersections include: 1.87% Mo from 72m to 73m and quartz vein 129m true width, an extremely significant width; and drill hole 75 intersected 143m assaying 1013 ppm Mo (0.1% Mo) & .07% Cu from 10m to 153m including 19m @ 4,840 ppm Mo (0.48% Mo) & 0.08% Cu from 64m to 83m. The Company announced strike length extended to 1200m and mineralised zone still open to north, south, west and at depth; AQRs wider project areas west of Monto also has eight other highly prospective look-alike prospects yet to be fully appraised; and the Company aims to secure appropriate partners in other molybdenum projects to help capture major growth window in Moly market to maximise shareholder value.
BRW (BREAKAWAY RESOURCES LIMITED) 2008-06-24:
Breakaway Resources announced that the recently commenced programme of Stage 1 in-fill resource diamond drilling on selected lines at the Horn Nickel Sulphide Deposit, Wildara Project in WA, is progressing on schedule with results to date confirming the original Inferred Resource geological model. The Company announced the results also indicate that the deposit appears to be internally robust with a number of favourable mining features; Stage 1 metallurgical testwork in progress with all current programmes expected to be completed as planned in the period July-August 2008; Scoping Study to be carried out to justify the final stage of work to progress the project to a rapid development decision; and drilling is planned to test a number of targets defined in proximity to the deposit and regionally along strike to the north and south.
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