Vatukoula Gold Mines (VGM.LN) Investment in Development Now Paying Off

Vatukoula Gold Mines the London listed gold miner, today published some fantastic results from recent drilling undertaken on the Prince William ore body. Just to remind people. The Vatukoula mine in Fiji boasts some of the worlds highest gold grades and for an underground mine ranks around 12th in the world in terms of underground grades. The company has been spending considerable time re-adjusting its underground mining method, to shift more focus to footwall mining, where less waste is mined and more of a pincer movement is made on mining the actual ore body. You would think that mining this way underground would be obvious, except that underground mining does mean you have to develop underground, that means mining to create the circumstances operationally underground to actually mine. This often comes at a cost and that is often a sacrifice between mining ore and mining rock to get to the ore and deliver the underground equipment to the areas where the high grades sit.

These lates results confirm what the industry already knows and that is Vatukoula still has a huge potential gold resource base to be mined where high grades are still waiting to be discovered.

It looks like the investor market that has an interest in gold is now turning its attention to gold equities and moving out of ETF's
VGM looks good value for money with these grades.



18 February 2013

Vatukoula Gold Mines plc

High Grade Drilling Intersections in the Philip Shaft area

Vatukoula Gold Mines Plc. (AIM:VGM), the AIM-listed gold producer, is pleased to announce additional high grade drilling results from the drilling campaign on the Prince William and associated ore bodies at the Company's Vatukoula gold mine in Fiji.

Highlights:

·     Surface and underground drilling programmes in the area of the Philip Shaft have continued to intersect high grade extensions of known ore bodies and encountered new mineralised structures both above and below the Prince William ore body.

·     Significant drill intersections from recent drilling include:

53.14 grams of gold per tonne over 1.29 metres of which one section reported 264.47 grams of gold per tonne over 0.23 metres

16.38 grams of gold per tonne over 0.42 metres

16.22 grams of gold per tonne over 0.53 metres

David Paxton, CEO of Vatukoula Gold Mines, commented:

"The positive exploration results from in and around the Philip Shaft have continued this fiscal year, with resource definition drilling confirming the strike and down dip extensions of the Prince William ore body. In addition drilling from surface encountered an additional mineralised structure approximately 200 metres above the Prince William ore body, with some exceptional grades. The results reported today are encouraging and indicate further resource upside within a currently active mining area proximal to the Philip Shaft."

Resource Definition Update

As announced in our preliminary results, published on the 21 December 2012, the resource definition drilling programme had increased our measured resource by 7% during the year ending August 2012. In the results, we stated that the drilling in the area around Philip Shaft had been extremely encouraging and the results indicated resource upside potential. Since August 2012 we have continued to drill from underground targeting potential strike and down dip extensions of the Prince William and other associated ore bodies. All of the drill holes (9 holes totalling 1,531 metres) completed in the current fiscal year intersected mineralised structures. A summary of the significant mineralised intersections from the resource definition drilling include:

Hole Number	Co-ordinates			Azimuth	Dip	Advance	Composite Mineralised Intersections		Au (g/t)	True Width (m)	Ore Body / Structure
(PU)	East	North	RL				From	To
14-102	5445	10654	9604	332	-74	256	191.50	191.60	39.51	0.09	Prince William
17-173	5296	11248	9510	155	-78	131	66.13	67.08	16.38	0.42	Prince William
							68.87	69.12	16.95	0.22	Prince William
17-176	5299	11249	9512	48	-7	122	49.13	49.38	11.25	0.23	carbonate stringers
							68.51	68.61	13.39	0.09	carbonate stringers
14-103	5446	10654	9607	348	59	200	108.64	108.78	33.95	0.12	Prince William FM1
							191.16	191.33	16.40	0.12	Prince William FM3
17-168A	5289	11252	9511	248	-31	151	68.06	68.43	20.14	0.17	Prince William Split
17-177	5292	11246	9511	138	-70	113	60.62	61.42	16.22	0.53	Prince William Split
14-108	5444	10656	9604	322	-41	249	27.97	28.08	14.71	0.09	Prince William Split

Exploration Update

Although the focus of our drilling programmes remains on resource definition, we identified an opportunity to target both peripheral mineral resources and exploration potential with one hole ("GSE185") and an associated wedge ("GSE185-A"). The original hole was 1,431 metres deep, with the wedge positioned at 482 metres below the surface.

Both the mother hole and the wedge intersected mineralisation at various depths. GSE185-A intersected significant mineralisation 200 metres above the current Prince William ore body. A composite intersection graded 53.14 g/t of Au over 1.29 metres. The current interpretation is that this mineralisation probably represents an extension of the 166N orebody. This orebody typically lies around 150 metres above the Cayzer-Prince orebody, however this intersection shows a possible further extension 200-300 metres west than the current resource model suggests.

The intersection of such a wide high grade structure in an area that is proximal to both existing infrastructure and current ore bodies is encouraging as it points to further upside in the current mineral resources. A summary of the significant mineralised intersections from the exploration drilling is shown in the following table:

Hole Number	Co-ordinates			Azimuth	Dip	Advance	Composite Mineralised Intersections		Au (g/t)	Width (m)	Ore Body / Structure
(GSE)	East	North	RL				From	To
185	5796	10897	10121	215	-89	1431	522.5	523.6	15.18	0.16	N/A
							667.3	667.6	10.96	0.29	N/A
							981.2	981.3	39.67	0.13	N/A
185A	5796	10897	10121	215	-89		525.3	526.9	53.14	1.29	N/A
						Including	525.3	525.5	264.47	0.23	N/A
							539.0	539.2	0.20	14.62	N/A

Qualified Person

Qualified Person Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School. Kiran is the Finance Director of VGM.

Strategic Minerals SML.L Major RNS Commencement of Full Production

Strategic Minerals - Full -scale Production Commences



For immediate release: 22 November 2012

Strategic Minerals Plc
("Strategic Minerals", "Strategic" or the "Company")

Company Commences Full-scale Production
First Export Market Shipment from its New Mexican Tailings Project

Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the magnetite iron ore producer and exploration company is delighted to announce that it has commenced full-scale production with the completion of its first export market shipment from its magnetite tailings deposit at the Cobre Mine in New Mexico. The FOB sale from the port of Guaymas in Mexico of over 47,000 dry metric tonnes ("DMT") was made to Glencore AG, a subsidiary of Glencore International PLC (LSE:GLEN). The Company is now well positioned to achieve shipments in the export market of approximately 50,000 DMT per month.

James Fyfe, Executive Chairman of Strategic Minerals, said:
"We are delighted to announce completion of our first export market shipment to one of the world's leading commodity suppliers. It is a hugely important milestone for the Company. This achievement marks the end of the development stage and the beginning of what will undoubtedly be a very exciting future for Strategic. It demonstrates not only the strength of our business model and our ability to acquire projects that can deliver shareholder value quickly, but also the ability of our management to execute on those projects."

Paul Harrison, CEO of the Company, commented:

"We are excited that this important development has now been completed. Achieving in-production status for a junior mining company incorporated only two years ago and listed on the AIM Market less than eighteen months ago is a true testament to our commitment to achieving our stated goals in early course for our shareholders. Supplying our high quality magnetite ore to commercial customers through the export market will enable us to ramp up our revenues significantly. To date we have only been able to truck haul a limited amount of product from the mine site."

The Company announced in June 2012 that it had completed the rehabilitation and upgrade of the rail link to the Cobre Mine in New Mexico to enable rail shipments of its magnetite iron ore to begin. In August it announced the successful completion of a test shipment by rail to the port of Guaymas in Mexico and in September the Company announced its state of readiness to commence exports shortly. Such export sales have now commenced with this first shipment. The Company continues to service the USA domestic market at increasing levels through truck sales at mine gate.

Brazilian Gold Corp BGC.TSXV Edging Further Closer to Production with Flagship Sao Jorge

Brazilian Gold Announces Filing of Updated Technical Report on Mineral Resources of the São Jorge Gold Project

Release No. 18/12


Vancouver, BC, October 29, 2012

Brazilian Gold Corporation (TSXV: BGC) is pleased to announce that it has received from Coffey Mining the National Instrument 43-101 Technical Report dated October 29, 2012 entitled "São Jorge Gold Project, Pará State, Brazil, Independent Technical Report on Mineral Resources" and it has been filed on Sedar (www.sedar.com) and is also available on the Company's website (www.braziliangold.ca). Details of the São Jorge resource estimate were announced in a News Release on September 19, 2012 (News Release 16/12).

Brazilian Gold owns a portfolio of road accessible, grass-roots to advance stage (São Jorge) gold projects in the Tapajós region of northern Brazil.

In 2012, Brazilian Gold is focused on expanding their resource base and completing engineering studies on our São Jorge project.

BGC's share price has suffered market drag-down where the TSX Venture exchange has born the brunt of a significant sell off

Unfortunately BGC shares have been dragged down and I consider them to have been significantly oversold by the market.

Atlantic Coal ATC.L Remain on Track for Expansion

Atlantic Coal reveals extension to option of further assets in Pennsylvania

Atlantic Coal (LON:ATC) now has until the end of March next year to exercise an option on a second anthracite coal property in Pennsylvania.

The original deal, announced in February this year, had a deadline of October 31, but this option has now been extended until March 31 next year, it said.

The cash consideration to extend the option is US$75,000 which is non-refundable and payable immediately but will be applied in part satisfaction of the US$35 million cash consideration payable to exercise the option, it said.

Atlantic coal has carried out significant due diligence on the anthracite mining assets in question, including preparing a competent person's report, which it says is in "advanced draft form".

In February, the company said that because of the size of the potential deal it would amount to a reverse takeover and would require shareholder approval.

Steve Best, Atlantic’s managing director, has said that the firm's strategy was to expand in Pennsylvania and to build the company into a major US anthracite producer.

Blogged from proactive Investors

Vatukoula Gold VGM.LN Further Boosted by Continued Chinese Investor Confidence

Vatukoula Announce New Subscription Agreement signed with Zhongrun for £6.6 million


Vatukoula Gold Mines plc is pleased to announce that it has entered into a new subscription agreement with Zhongrun International Mining Co. Ltd. ("Zhongrun") whereby Zhongrun has subscribed for 20,000,000 new ordinary shares in the Company (the "Subscription Shares") at a price of £0.33 per share, to raise £6.6 million (the "Subscription Agreement").

The Subscription Shares will represent approximately 17.01% of the enlarged issued share capital of the Company. Zhongrun currently holds 9,000,000 shares in the Company and on completion of the Subscription Agreement Zhongrun will hold 29,000,000 shares representing approximately 24% of the enlarged issued share capital of the Company. All relevant regulatory approvals have been granted and as such we envisage that the Subscription Agreement will complete by the middle November.

The subscription agreement with Zhongrun replaces the subscription agreement with Shengen Xintai International Mine Industry Group Co. Ltd. ("Xintai") as announced on 29 August 2012 and as extended on 3 October 2012. It has become apparent to the Board of Vatukoula that Xintai cannot complete the agreed subscription in the time frames previously announced and Company will be pursuing its legal rights against Xintai for its failure to meet the terms of its signed subscription agreement.

In conjunction with the Subscription Agreement, the Company has agreed that Zhongrun will be entitled to propose four nominees for election as Directors at the next Annual General Meeting, subject to the approval by the Nominating Committee and election by shareholders.

Zhongrun International Mining Co., Ltd. Is a wholly owned subsidiary of Zhongrun Resources Investment Corp. ("Shandong Zhongrun") a public company based in Jinan City, the Peoples Republic of China. Shandong Zhongrun is listed on the main board of the Shenzhen Stock Exchange and is engaged in mineral resources exploration and development and equity investment in companies with precious and non-ferrous metals projects. In April 2012 Zhongrun subscribed for 9,000,000 shares and invested £5.4 million in the Company. Shandong Zhongrun operates out of Tower 17, Zhongrun Century Plaza, No. 13777 Jingshi Road East, Jinan City, Shandong Province, P.R. China, 250014.

Dave Paxton, CEO of VGM commented:

"The Board is disappointed that Xintai failed to complete its subscription agreement but is very pleased to welcome the investment of Zhongrun in VGM and looks forward to continuing its valuable strategic relationship with Zhongrun to assist in the development of the Vatukoula Gold Mine"