Gippsland Limited (ASX:GIP) reports an update on the drilling at the Heemskirk tin project located north of Zeehan on Tasmania’s west coast. Drilling at the near surface Queen Hill deposit has confirmed continuity of high grade tin mineralization over potentially mineable widths. For complete news release, click here. For Gippsland’s company profile & projects, click here.
The supply of tantalum from non-conflict sources is stretched thin. Prices may rise as increased demand for electronics pushes electronics manufacturing companies' stockpiles to the limit. Tantalum prices have already jumped over the last year, and may continue their rise by 50 percent through 2011 as scrap for the metal is running out.
Gippsland Ltd (ASX:GIP, FRA:GIX) reports its activities from April- June 2010 with details of its projects. The long predicted shortage in the global tantalum supply supply and the passing of the US Conflict Minerals Bill are now having dramatic effect on the international tantalum market, with the spot price increasing from US$38 per pound in [...]
Gippsland Limited (ASX:GIP, FRA:GIX) reports granting of licenses for its Adobha region of The State of Eritrea. The large Exploration license covers the Company’s three existing prospecting licenses granted during the September plus a number of other Prospecting license area which were previously in the application stage. For complete news release(PDF format), [...]
Gippsland Limited reports Stellar Resources announcement on a diamond core drilling program beginning at the Heemskirk Tin project near Zeehan on Tasmania’s west coast. Stellar’s joint venture partner in the Heemskirk Tin Project is Gippsland Limited (ASX: GIP). Under the joint venture agreement, Stellar (through its subsidiary Columbus Metals Limited) has the right to increase its ownership [...]
Tuesday, August 31, 2010