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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ASX: SPI
News: Latest news
Web Site: Spitfire Resources
Other Articles: 29-06-200923-05-2008

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Tuesday March 16, 11:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Wednesday March 17, 03:46Access Pharmaceuticals’ Cobalamin oral platform could offer new way to administer insulin

This morning, Access Pharma reported that two independent animal studies confirmed earlier findings that Cobalamin offers significant bioavailability of orally delivered insulin

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Spitfire Resources

Spitfire Resources

Spitfire's key asset is the South Woodie Woodie Manganese project. This project covers approximately 500 square kilometres of tenements in the East Pilbara region of Western Australia. South Woodie Woodie is located 50 kilometers south of the historic Woodie Woodie Manganese mining centre and has not been subject to modern exploration techniques until recently.

Spitfire is focused on taking advantage of the booming commodity market via the exploration and rapid development of its prospects within the East Pilbara region.

It is also the intention of Spitfire to actively investigate and acquire additional well-located prospective mining tenements both in Australia and offshore as its presence as an emerging company in the resources sector grows

Friday, May 23, 2008

Spitfire Resources eyes up thermal coal projects in Tasmania

Spitfire Resources (ASX: SPI) announced that it entered into an agreement to acquire Black Rock Energy, whose assets include an advanced thermal coal project and additional coal exploration properties in Tasmania.

 

Black Rock Energy holds the Langloh Coal Project Avoca Coal Project, Ouse Coal Project and the Sandfly Coal Project. Langloh has 10 million tonnes of JORC compliant inferred thermal coal resource, and is located close to existing infrastructure and multiple deep sea ports.  The coal is of medium calorific value, which would make is suitable for export into China and other nearby markets in Asia.

 

“The proposed acquisition is consistent with Spitfire's focus of developing a portfolio of assets in the carbon steel materials and energy sectors. The Company intends to progress the Langloh asset in parallel with its other core asset, the 80%-owned South Woodie Woodie Manganese Project in the East Pilbara region of Western Australia” the company said.

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