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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ASX: PRW
News: Latest news
Web Site: Proto Resources
Other Articles: 12-08-200903-07-200917-06-2009

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Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

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Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

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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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Proto Resources

Proto Resources

Proto Resource’s flagship project is currently the Barnes Hill nickel and iron ore project in northern Tasmania, which is situated 10 km from the Bell Bay deep water port. 
Wednesday, August 12, 2009

Proto Resources & Investments completes three hole drilling program at Mt Vetters Project

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Proto Resources & Investments (ASX: PRW) has completed a maiden three hole Reverse Circulation (RC) drilling program at the Mt Vetters nickel and gold project, 30km northeast of Kalgoorlie in Western Australia.

The Mt Vetters tenements are located in the eastern part of the Norseman, 5km to the south of the Black Swan Komatiite Complex (BSKC), host to the Silver Swan nickel mine (Indicated Resource 640,000t @ 9.5% Ni), Black Swan (Probable reserve of 10.4Mt @ 0.83% Ni) and adjacent Cygnet deposit (Probable reserve of 1.1Mt @ 2.1% Ni) and occur 10km to the north of the Kanowna Belle Gold Mine.

Drill holes MVPRC 1 and MVPRC 3 were drilled to test nickel targets defined by ground EM anomalies previously delineated by geophysical surveys conducted by the Company and also by previous explorers.

Hole MVPRC 2 was drilled to follow-up some anomalous gold intercepts recorded in shallow historic aircore drilling in the area.  Four metre composite spear samples were taken throughout the three RC drill holes completed and have been dispatched to ALS Laboratory Group for multi-element assay.

Further news will be release as assay results become available.

Proto Resource’s flagship project is the Barnes Hill project in northern Tasmania.  A 12.1 million tonne JORC compliant indicated resource at 0.83% nickel and 0.07% cobalt is currently defined at Barnes Hill, with a recent resource drilling program set to upgrade a portion of this resource into the measured category.

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