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Tuesday, June 08, 2010

Resource stock updates

ASX resource company drilling updates - more on http://www.sharefilter.com

KRB (KRUCIBLE METALS LIMITED) 2010-06-07:
Krucible Metals announced Korella Phosphate (a wholly owned subsidiary of the Company) has recently pegged a Mining Lease Application (MLA 90209; 1,577 ha) over the Korella deposit. This Application has been accepted for processing by the Queensland Government. A smaller lease (MLA 90208; 25 ha) has also been pegged to facilitate trial mining and bulk sampling for potential customers. It is anticipated that this smaller lease will be granted within 12 months. The Company also announced that drilling has been completed at the Pilgrim Prospect (JV with Deep Yellow) but it will be 2-3 weeks before final analytical results are received and interpreted.

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