Essential Assets for October 23, 2014

October 23, 2014 06:06 AM

Australian resources company, Cauldron Energy Limited, is pleased to report highly encouraging uranium results from initial drilling at its wholly-owned Bennet Well deposit in Western Australia.

King River Copper Limited is pleased to report that the Phase 2 Reverse Circulation drill program of up to 2,500 metres commenced on Sept. 27. The final stage of Phase 2 drilling will recommence in Nov. 2014.

Australian energy company WHL Energy Limitedis pleased to report on its activities and operations for the quarter ended Sept. 30. Development surrounding the Seychelles project was particularly significant this quarter. The seismic survey was completed at the end of July with no reportable environmental or safety incidents.

St. George Mining Limited is pleased to provide an update on the Phase 2 drilling program targeting the new VMS (volcanic massive sulphide) prospect identified at the Company’s 100% owned East Laverton Property in Western Australia. Four RC (reverse circulation) drill holes have been completed at the VMS prospect to follow‐up the significant zinc (Zn) and copper (Cu) mineralisation intersected in drill hole DDD011. Interim XRF results of the completed drill holes indicate that three of the four holes successfully encountered the anomalous Zn and Cu horizon at variable depths.

About the Author

Skylar Zhang is an undergraduate student at Northwestern University's Medill School of Journalism, focusing on magazine journalism. She is also majoring in economics. She is currently an intern for Futures magazine. In her free time, she enjoys writing, taking pictures, and beating her engineering friends at math.