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Additional Information
Market: ASX 200
Sector: Aerospace
Epic: ASX200
News: Latest news
Web Site: Australia Market Wrap
Other Articles: 12-03-201011-03-201011-03-2010

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Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

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Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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Thursday, June 18, 2009

Padbury Mining reports further promising results from Peak Hill in WA

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Padbury Mining (ASX: PDY) has received encouraging new assay results from a rock chip sampling program over an untested area at Telecom Hill at 70% owned Peak Hill prospect in the mid-west region of Western Australia.

New assay results for the follow up rock chip sampling demonstrates high iron values >60% Fe and low impurity levels.

The Telecom Hill target is considered to be very favourable to host good quality hematite direct shipping ore (DSO). The recently commenced reverse circulation drilling program has intersected significant intersections of enriched BIF to a down hole depth of 150m (60 degree angle holes) and the company has submitted the first three holes drilled on Telecom Hill for assay.

Further results and news for shareholders are expected within the next 4 to 6 weeks.

The Company has successfully carried out a rock chip sampling exercise over the previously untested Banded Iron Formation (BIF) on the area known as Telecom Hill. Assay results from the rock chip samples over the main target area are outlined below together with Mudderwearie Area and Ravelstone Area.

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