Giralia Resources NL


Has reached agreement to farm into a highly prospective nickel and Platinum Group Element project and can earn up to 75% interest, through expenditure of $625,000 within 5 years, in two large Exploration Licences adjoining the Company's Cardinals project from Haoma Mining NL and DeBeers Australia Exploration Limited.

Reefton Mining NL


The Directors are pleased to advise that Reefton Mining NL has entered into a strategic partnership with Charter Summit Investments Limited, an international investment and operating group with substantial interests in Namibia. There will be placement of 14.4 million fully paid ordinary shares for a consideration of AUD$1,036,800 and the sale of a 40% interest in the Company's Namibian subsidiaries, Storm Diamond Mining Company (Pty) Ltd and Black Range Mining (Pty) Ltd, for AUD$6,000,000.

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