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Additional Information
Market: ASX
Sector: General Mining
Epic: STB
News: Latest news
Web Site: South Boulder Mines
Other Articles: 16-11-200905-11-200905-11-2009

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Saturday November 28, 08:45Cranswick: capitalising on the current trend of increased demand for British pork

Growing revenue, net income and dividend, coupled with moderate gearing and market specialisation, would present a solid text book investment-grade business. Cranswick ticks these boxes.

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Saturday November 28, 12:40 Walmart is under no illusion that the holiday season will be tough

Walmart plans to lower its cost of doing business at the same time, but this will be a fine balancing act at a time of year when staff costs are normally at their peak.

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Thursday November 19, 07:24Australia approves Sichuan Hanlong Group investment in Moly Mines

Perth-based Moly Mines (TSX/ASX: MOL) has confirmed the Australian Foreign Investment Review Board (FIRB) has no objections to Sichuan Hanlong Group US$200m deal to acquire majority control [...]

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South Boulder Mines

South Boulder Mines

South Boulder Mines (ASX: STB) has a 100% interest in the Duketon Project in Western Australia. The Duketon Belt is located 120 kilometers north of Laverton in Western Australia and is considered prospective for gold, nickel sulphide and base metal mineralization.

South Boulder Mines also has an interest in the Colluli Potash Project located in the Danakil Depression region of Eritrea (Africa) approximately 200kms south east of the Capital Asmara and comprises 906km2; and two key 100% owned fertiliser projects are the Lake Disappointment Potash Project in the Gibson Desert and the Cardabia Phosphate Project in the Carnarvon Basin, both located in Western Australia.

 

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Thursday, November 05, 2009

South Boulder Mines in trading halt, pending release of "material" drilling results

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South Boulder Mines (ASX: STB) has lifted expectations a notch with a request for an immediated trading halt, pending an announcement relating to drilling results - that are considered material to the company.

The trading halt is requested on the earlier of commencement on Monday or when the anticipated announcement is released to the market.

Drilling at the company's newly discovered Terminator Gold Prospect recently commenced, with the first assays now due early November to follow up on a previous intercept from hole TBAC111 of 37m @ 2.18g/t Au from 1m.

The Prospect is located approximately 1.4km south of the Bulge C2 Nickel Prospect.

In addition, the Duketon Nickel JV provide excellent encouragement with the discovery of the Rosie PGE/Nickel Sulphide Prospect.  Best results included 1.40% Ni, 0.99% Cu, 3.09g/t Pt, 5.14g/t Pd, 3.51g/t Au. RC and diamond drilling to commence in early November at both Bulge C2 and Rosie Prospects.

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