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Altech Chemicals Ltd (ASX:ATC) Finalises Kaolin Mining Rights Agreement with Dana

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Altech Chemicals Limited (Altech/the Company) (ASX:ATC) advises that it has reached agreement with Dana Shipping and Trading S.A. (Dana) to grant Dana the exclusive right to mine up to 10Mt of kaolin from the Company's Meckering kaolin deposit (Meckering Deposit). The Meckering Deposit covers approximately 184km2 in area and contains indicated and inferred kaolin mineral resources estimated at 64Mt @ 83.4% brightness JORC (2004).

Highlights

- Altech grants Dana the exclusive right to mine up to 10Mt of kaolin for a $1m cash payment

- Dana may increase its kaolin mining right to 30Mt by paying an additional $2m

- Altech will also receive a 2% gross sales royalty on all bulk kaolin sales

- Current kaolin resources at Meckering are estimated at 65Mt

- Altech's HPA project requires only 4Mt of kaolin for a 100 year project life

Under the terms of the kaolin mineral rights agreement, Dana will pay Altech $1 million cash for the right to mine 10Mt of kaolin (First Transaction) upon either the grant of mining lease ML70/1334 or the grant of any alternate mining lease that provides Dana with mining access to kaolin within an area of the exploration lease containing the Meckering Deposit (EL70/3923). If the conditions of the First Transaction are not satisfied by the end date (within 9 months of the date of the agreement), the parties have agreed to discuss the grant of the same kaolin mining rights to Dana on the other kaolin tenements held by the Company, such as its Kerrigan kaolin project (E70/4737 and E70/4718).

Subject to the completion of the First Transaction, Altech has granted Dana an option whereby Dana has the right to increase its kaolin mining right to 30 million tonnes, by paying a further $2 million cash to Altech.

Based on its recently completed bankable feasibility study for the development of a 4,000tpa high purity alumina (HPA) plant (HPA Project), Altech will only require approximately 4Mt of kaolin to support a 100 year project life.

The grant of the mining rights to Dana will not constrain the Company's HPA Project and under the agreement with Dana, Altech's right to mine kaolin for its project takes priority over the kaolin mining rights granted to Dana and reciprocal non-compete obligations apply to both Dana and Altech. The bulk kaolin that Dana intends to produce from its mining operations is predominantly used in the ceramics, paper, rubber and paint industries.

Also, under the agreement Altech will receive a 2% gross sales royalty on all bulk kaolin sales.

About Dana

Dana is an Athens-based global shipping company with a focus on dry cargo operations, working with a diversified suite of dry bulk commodities such as coal, iron ore, grains and minor bulks across all dry bulk vessel sizes.

Commenting on the kaolin mining rights agreement with Altech, Dana CEO Mr Patrick Hodgins said "the recently completed scoping study for the mining and processing of bulk kaolin from the Meckering Deposit and associated test-work has delivered promising results and confirms the potential for the project to provide bulk kaolin for export markets, as a bulk commodity this kaolin project it is a good fit with our established shipping business".

Altech managing director Iggy Tan said "Altech remains focused on finalising the detailed design and securing funding for the construction of its HPA Project. As our HPA Project requires only 4Mt of kaolin for a 100 year life, securing additional value for our shareholders from the kaolin resources at Meckering via this mining rights agreement with Dana is a great outcome".

"If Dana exercises the option to increase its mining rights to 30 Mt, Altech will benefit from a total cash injection of $3 million, without dilution to current shareholders."

Corporate
Iggy Tan
Managing Director
Altech Chemicals Limited
Tel: +61 8 6168 1555
Email: info@altechchemicals.com

Media Contact
Tony Dawe
Consultant
Professional Public Relations
Tel (office): +61 8 9388 0944
Email: tony.dawe@ppr.com.au

Fertoz Ltd (ASX:FTZ) Non-Renounceable Issue

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Fertoz Ltd. ("Fertoz" or the "Company") (ASX:FTZ) is pleased to announce a one (1) for seven (7) fully underwritten non-renounceable entitlement offer of fully paid ordinary shares in Fertoz, together with one (1) new free option for every one (1) new share subscribed for under the Entitlement Offer. Each new option is exercisable for one (1) share at $0.15 ("Entitlement Offer"). Fertoz lodged the prospectus for the Entitlement Offer with the Australian Securities and Investments Commission today.

The Entitlement Offer is intended to raise approximately $1,000,000.

If the Entitlement Offer is oversubscribed or Fertoz receives interest from third party investors, Fertoz may, in its absolute discretion, raise up to an additional $840,000 by way of the issue of new shares at $0.15 per new share, together with one (1) new option free of charge for every one (1) new share subscribed for by investors nominated by Company in consultation with the Underwriter (Discretionary Placement).

The Entitlement Offer is fully underwritten by Blackwood Capital Pty Ltd (Underwriter). The Underwriter has appointed sub-underwriters. The sub-underwriters include Terra Capital Pty Ltd (a substantial shareholder of Fertoz), and Lenark Pty Ltd, a company associated with the Executive Chairman, James Chisholm.

Stephen Keith, Managing Director of Fertoz, stated "The Board of Directors of Fertoz is very pleased with both our ability to finance in this volatile market and with the support of our existing shareholders in this. This financing represents a critical catalyst for Fertoz as we move into project development and a view towards product sales in 2016. Moving forward, our strategy is to focus on getting Wapiti into production and getting our Fernie projects further down the development process with increased exploration, development and bulk sampling."

A maximum of 12,319,164 new shares and 12,319,164 new options may be issued under the Entitlement Offer and Discretionary Placement. New shares issued under the Entitlement Offer and Discretionary Placement will rank equally with existing ordinary shares.

The net proceeds of the Entitlement Offer will be used to enhance the value of Fertoz's Canadian phosphate projects through purchase of equipment that will allow the Company to process mined rock phosphate from the Company's Wapiti and Fernie Projects in Canada and sell direct application rock phosphate (also known as direct application natural fertilizer) to potential customers in North America, further bulk sample collection at the Fernie Project and to cover general corporate costs.

Eligible shareholders will receive the Prospectus in relation to the Entitlement Offer and Discretionary Placement including a personalised entitlement and acceptance form which will provide further details of how to participate in the Entitlement Offer. A copy of the Prospectus will also be lodged with ASX today and will then be available on both the ASX website and the Company's website. Persons should consider the Prospectus before deciding whether to acquire securities.

Those shareholders who the Company determines to be ineligible shareholders will also be notified that they are ineligible to participate in the Offer.

To view the timetable, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-FTZ-888576.pdf

Stephen Keith 
Managing Director
Fertoz Limited
M: +1 647 299 0046 

James Chisholm
Chairman
Fertoz Limited
M: +61 419 256 690

My Net Fone Limited (ASX:MNF) Change of Company Name

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In accordance with a special resolution passed by shareholders at the 2015 Annual General Meeting, My Net Fone Limited (ASX:MNF) has changed its company name to MNF Group Limited. The company's ASX code will remain MNF.

This name change is representative of the fact that the company is now a large and sophisticated group, trading under multiple brand names, in a global market. The Directors believe that the name MNF Group Limited gives recognition to the original heritage of "My Net Fone", whilst more clearly identifying the diversity and role of the parent entity. The My Net Fone brand itself continues to thrive and grow within the MNF Group.

My Net Fone Limited
T: +61-2-8008-8090
F: +61-2-8008-8008
E: investor@mynetfone.com.au
WWW: www.mnfgroup.limited

Story-I Ltd (ASX:SRY) Supply Agreement with BPK Penabur Schools

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Authorised reseller of premium electronic products, Story-i Limited (ASX:SRY) is pleased to announce that in line with its abovementioned strategy of providing a total solution to schools and institutions, an agreement has been reached with Indonesian education provider BPK Penabur to sell bundled Apple devices and solutions, host their servers and provide continuing service and maintenance of their devices and IT infrastructure.

Highlights:

- Story-i to supply Indonesian schools and institutions with bundled Apple devices and solutions, provide IT infrastructure to access wireless networks to support on-line education, centralised hosting & maintenance of data base, websites and applications.

- Agreement signed with BPK Penabur to supply Apple bundled devices and solutions across its 45 schools which range from pre-school to tertiary level.

- Story-i expects to add $2.5 million from the Education segment to FY2016 revenue

Established in 1950, BPK Penabur is a group of private Christian schools with 45 schools at various levels in 15 cities in Indonesia.

Indonesia has more than 55 million students - 30.4 million primary, 19.9 million secondary and 5.1 million tertiary - as well as 3 million teachers in more than 250,000 schools. It is the third largest education system in Asia and the fourth largest in the world, behind China, India and the United States.

While only 7% of primary schools are private, the share increases to 56% in junior secondary and 67% in senior secondary.

Education is central to the Indonesian Government's development agenda. Education spending has increased to IDR146.4 trillion (AUD 14.5 billion) in the Budget allocation for 2015, a 13.3% increase from the prior year.

The new agreement with BPK Penabur is part of Story-i's strategy to enhance its growth in the non- retail sectors in parallel with its retail outlets.

As one of Apple's premier authorised resellers in Indonesia, Story-i believes there is an opportunity to work with Apple in education. The company expects that an extra $2.5 million will added to the FY2016 revenue on the back of its education partnerships.

Apple believes its technology can transform the classroom with new ways of thinking and new ways to spark ideas. It has powerful tools and programs developed for deployment of iPads and MACs tailored to varied educational requirements.

Michael Chan, Executive Director said: "Our target is to be more than a brick and mortar retail business. Our strategy of developing another wing to our business is steadily gaining pace. We expect a higher percentage of revenue to come from the education division which will be reflected in FY2016 and beyond."

Michael Pixley
Non-Executive Director
+61 (0) 405 749 322
michael.pixley@story-i.com

Faris Habib
Investor Relations
+61 (0) 422 076 629
faris@nwrcommunications.com.au

Triton Minerals Ltd (ASX:TON) Nicanda Hill Resource Upgraded

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Triton Minerals Limited (ASX:TON) (Triton or Company) is pleased to announce an update to the maiden October 2014 Mineral Resource estimate for the Nicanda Hill graphite deposit at the Balama North project in Mozambique.

The total Mineral Resource estimate comprises 1.44 Billion Tonnes (Bt) at an average grade of 11.1% Total Graphitic Carbon (TGC) and 0.29% Vanadium Pentoxide (V2O5) classified as either Measured Mineral Resources, Inferred Mineral Resources or Indicated Mineral Resources in accordance with the guidelines of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition).

Triton's Managing Director & CEO Brad Boyle said:

"The key objective of the 2015 drill program to define a JORC-compliant measured resource has been achieved. This is a significant outcome for the Company as the Measured Resource will form the basis of the initial ten years of the projected mine life at Nicanda Hill (100) and will create the foundation for defining proven and probable graphite ore reserves at Nicanda Hill.

The area, in which the initial measured resource of 33 million tonnes (Mt) at 12.3%TGC has been defined, represents a small fraction of the entire resource area. Triton is confident that the measured resource can be increased almost five-fold. However, increasing the measured component of the resource is not an immediate priority as the initial 33Mt is more than adequate for the projected first ten year's life of mine.

Triton is also very pleased to note an overall increase in the average grade for both the graphite and vanadium from the original 2014 resource estimate and confirming the high quality nature of the deposit. The resource has been further and independently validated thus demonstrating the accuracy and robustness of the original 2014 mineral resource estimate"

The resource estimate was carried out by independent resource consultants Jorvik Resources Pty Ltd, of Perth, Western Australia (Jorvik).

The updated mineral resource estimate reaffirms the Nicanda Hill deposit as the largest graphite and vanadium deposit in the world. The size of measured classified mineral resource is considered by Triton to be globally significant in both size and the average graphite grade, whilst continuing to reiterate the original fiscal strengths and reasons for developing this world class graphite deposit.

INTRODUCTION

Since the initial mineral resource estimate for Nicanda Hill was released in October 2014, Triton has completed as a part of the Definitive Feasibility Study (DFS) work program, an additional 5,516m of drilling in 51 drillholes comprising 25 reverse circulation (RC) holes and 26 diamond holes. The resource is now defined by a total of 21,864m of drilling in 148 drillholes comprising 86 RC holes and 62 diamond holes.

The main objective of this drilling, and as a key component of the DFS, was to establish a measured resource over the extents of the proposed pit design and aimed at the initial first 10 years of mining. The measured graphite resource at Nicanda Hill is also required by Triton in order to define proven and probable graphite ore reserves.

Drill spacing varies from 200mx100m to 50mx50m (Figure 1). The measured mineral resource is supported by dominantly 50mx50m spaced in-fill diamond drilling and extends over a strike length of 1,100m within the overall resource strike length of 5,800m.

The Company confirms that less than 20% of the total resource strike length has been converted to a measured resource classification. This proportion of measured resource is considered by Triton to be sufficient to support the first ten years of mine operation. Triton plans to convert additional resources to measured classification, as required, during future mining operations, so that the process is funded at that time from operational cash flow.

UPDATED RESOURCE ESTIMATE

Triton notes that apart from the additional drilling data, there are no material differences between the updated 2015 resource estimation methodology and that, utilised in 2014 for the initial resource estimate for Nicanda Hill.

A mineral resource estimate of 1.443 Billion tonnes is reported at an average grade of 11.1% TGC containing 160.32Mt of graphitic carbon. In addition to graphite, the mineral resource estimate reports an average grade of 0.29% V2O5, containing 4.22Mt of V2O5, reaffirming Nicanda Hill as the world's largest high grade flake graphite-vanadium deposit.

The most significant variances comprise:

- an initial measured resource 33Mt at 12.3%TGC

- 5% increase in overall TGC grade to 11.1%

- a significant increase in the indicated resource: +66% at a 10%TGC cut off

GEOLOGY

The resource is hosted by a sequence of metamorphosed graphitic schists with minor and discrete gneissic intrusive units, and a biotite altered footwall gneiss. The stratigraphic package dips at 45-50 degrees towards the north-west. The modelled mineralised domains form continuous tabular bodies over strike lengths of up to 5,800m and appear to reflect the original primary bedding characteristics of the pre-existing sediments.

The north-western portion of the deposit is overlain by a thin horizon of alluvium averaging 1-2 metres in thickness. Over the majority of Nicanda Hill itself there little if any overburden, with extensive exposure of high grade graphite mineralization at surface.

All geological and assay data relating to the 2015 drilling was found to be consistent with the data received from the 2014 drill program (Figure 1). Also there are no material differences between the geological interpretation and the grade distribution results obtained during the 2014 (400mx100m and 200mx100m spaced) drilling pattern and the 2015 (50mx50m spaced) drilling pattern.

MINERAL RESOURCE ESTIMATION METHODOLOGY

Sampling and Sub-sampling Techniques

The diamond holes were drilled with PQ core size from surface to a maximum depth of 36m and HQ3 core size to end of hole. The diamond core samples were taken as quarter core on geologically defined intervals (0.33m to 2.7m). Samples were crushed, dried and composited prior to pulverisation (total prep) to produce a sub sample for analysis of Graphitic Carbon, Total Sulphur, and Total Carbon by Leco Combustion Infrared Detection.

The RC drilling was carried out using a 5.5 inch hammer was used to obtain 1m samples that were passed through a 3-tier riffle splitter to generate 1/8th samples (approximately 3kg) contained in a labelled calico bag.

The RC samples were pulverised (total prep) to produce a sub sample for assaying as described above. Certified standards, blanks and field duplicate samples were inserted with the drill samples to monitor bias and for quality control.

Composite samples were made by the laboratory from a 300g split of the coarse crush material of two consecutive samples of quarter core intervals, which combined do not exceed 2.7 metres in core length.

Drilling Techniques

The diamond drillholes were drilled with PQ core size from surface to a maximum depth of 36m and HQ3 core size to end of hole.

RC drilling was carried out using a 5.5 inch hammer to produce 1m samples. Single metre or 2 metre composite samples were submitted for analysis. Composite samples were created from consecutive 1 metre intervals with visual graphite abundances greater than 0.5%.

The resource model is based on a geological and assay database that was derived from a total of 21,865m of drilling comprising 86 RC drillholes and 62 diamond drillholes. These drillholes were designed to confirm the position of the various mineralised zones and to test the full width of these zones. All 148 drillholes were utilised in developing the geological model and estimation constraints.

These drillholes are nominally spaced at 100m apart on drill lines that are approximately 200m apart, with infill lines on 50mx100m and 50mx50m spacing. Holes were drilled at -60 degrees towards south-east to optimally intersect the mineralised lodes.

Sample Analysis Method

The analyses of Graphitic Carbon, Total Sulphur, and Total Carbon were carried out by Leco Combustion Infrared Detection. Analysis of vanadium, zinc and titanium by ICP methods.

Estimation Methodology

The grade estimate is constrained within three-dimensional wireframes of interpreted mineralised domains. The wireframes were created by joining sectional interpretations of mineralisation polygons based upon geological knowledge of the deposit, derived from drill core logs, assays and geological observations on surface.

The Mineral Resource Estimate covers an area of 5.8km strike, 750m across strike and a projected depth of 350m belo

The block model was constructed using a grid rotated +35 degrees relative to UTM grid and consists of 10 mE by 100 mN by 10 mRL parent block size with sub celling to 2.5 mE by 10 mN by 2.5 mRL for domain volume resolution. All estimation was completed at the parent cell scale.

The drillholes files were flagged according to the mineralisation domains they intersected and statistical analysis of the data followed. This study resulted in the application of a 2m composite length to all drillhole data. A variographic analysis of the domained drillhole data provided variogram parameters for the grade interpolation by ordinary kriging methods. Composited sample grades for TGC were interpolated into the block model TGC domains.

Block grade interpolation was validated by means of swath plots, overlapping histograms of sample and block model data, and comparison of mean sample and block model TGC grades for each domain. Cross sections of the block model with drillhole data superimposed were also reviewed.

Density data was statistically analysed to determine the appropriate density value to apply to the model. The Mineral Resource Estimate used a bulk density for the block model which was estimated from density measurements carried out on 312 core samples and a density of 2.7 t/m3 was assigned. No orientation based sampling bias has been identified in the data at this point and no assumptions have been made regarding by products or metallurgical extraction considerations.

Criteria Used for Classification

The Mineral Resource Estimate is classified as either Measured, Indicated or Inferred, and has been reported in accordance with the JORC (2012) Code, with geological, sampling and product quality evidence sufficient to assume geological and grade continuity between the points of observation and sampling. Classification of the Mineral Resource estimates was carried out taking into account the robustness of the geological understanding of the deposit, the quality of the sampling and density data, together geostatistical parameters relating to both drillhole and sample spacing (neighbourhood analysis and kriging variance). Petrographic analyses and metallurgical considerations of flake size distribution and shape, product purity and recoverability were also given due consideration in classification.

The mineralised domains have demonstrated sufficient geological and grade continuity to support the definition of the Mineral Resource's classifications applied under the 2012 JORC Code.

Cut Off Grades

Top-cuts were applied to vanadium and zinc. No top cuts applied to graphitic carbon as there were no statistical outliers.

Mining and Metallurgical/Modifying Factors

No modifying factors have been applied in the Mineral Resource estimation.

TMG MARKETING

TMG is the brand name for Triton's various high quality graphite concentrate products that have been successfully produced through conventional flotation processes. The TMG concentrates largely comprise flake graphite recovered from the Nicanda Hill deposit.

Triton has recently confirmed that TMG is ideally suited for a diverse range of commercial applications including composite graphite sheets, graphene and spherical graphite. The featured highlights of recent Triton announcements comprised:

- Successful commercial production trials using Nicanda Hill concentrate (TMG100);

- High strength composite graphite sheets produced;

- Fire-resistant graphitic insulating foam produced;

- TMG concentrates were used to successfully manufacture graphene;

- High quality battery grade spherical graphite; and

- Triton positioned to supply to multi-billion dollar battery sector.

Triton considers that the successful outcomes of the materials testing and manufacturing program obtained to date are a clear indicator of the potential to supply Nicanda Hill flake graphite to a variety of growing and lucrative global markets.

CONCLUSION

The upgrade in both classification and grade of the Nicanda Hill deposit further demonstrates the robustness of the original resource estimate from 2014. The large amount of resource now classified as measured, in accordance with JORC 2012 guidelines, will form the basis of generating proven ore reserves as the project progresses through the DFS.

The confirmation of the world's largest JORC-compliant graphite and vanadium mineral resource during the DFS at Nicanda Hill, demonstrates the true world class potential and the overall prospectivity of the Balama North project, to host both multiple high grade graphite and vanadium deposits. Further work is progressing at the nearby P66 zone, which will potentially complement the economics of Nicanda Hill.

Triton now looks to rapidly advance the Nicanda Hill deposit in order to commence graphite production as soon as practical. Triton aims to become a global market leader and the eminent source of low-cost, high-quality graphite material.

To view table and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TON-740148.pdf

Brad Boyle
CEO & Managing Director
Tel: + 61 8 6489 2555
Email: bboyle@tritonmineralsltd.com.au

Alfred Gillman
Technical Director
Tel: + 61 8 6489 2555
Email: agillman@tritonmineralsltd.com.au

Rum Jungle Resources Ltd (ASX:RUM) Quarterly Activities Report Sept 2015

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Rum Jungle Resources Ltd's (ASX:RUM) strategic intent is to create shareholder value through the discovery, development and operation of fertiliser and industrial mineral projects, located in close proximity to existing transport infrastructure, focused on the Northern Territory of Australia.

HIGHLIGHTS

CORPORATE

- The company's current primary focus is the progression of a revised strategy that focuses on the development of a small scale, low capital start up to enable the generation of operating cash flows for the company. A small scale low capital start up sulphate of potash development at the Karinga Lakes project is being advanced and the company is conducting early evaluation of the potential for High Purity Quartz from the Dingo Hill silica project.

- Engagement with a number of regional fertiliser industry and financial entities continues with an aim to secure cornerstone project level investment, joint ventures and/or offtake to support the global scale Ammaroo Phosphate project or the evolution of the SOP portfolio of projects.

- The company presented at the Mining the Territory Conference in August and the Resources Rising Stars Conference on the Gold Coast in September. A new investor presentation was released to the ASX on 24 September 2015

- The Company has sufficient cash reserves on deposit to undertake its current near term strategic objectives

- Cash Balance $3.4 million (including secured Term Deposits of $350k)

HEALTH, SAFETY, ENVIRONMENT AND COMMUNITY

- There were no incidents to report in 70 field hours worked on three projects

SULPHATE OF POTASH

- The process of amalgamating all potash titles into a single company name, Territory Potash, continued during the Quarter

- A 2,000 litre evaporation trial of Karinga brine commenced in Alice Springs which will provide potassium salts for the next stage of process test-work associated with a preliminary feasibility level of study for a small scale start-up

- Twelve deeper RC holes will be drilled at Karinga Lakes during November in order to provide an increased level of understanding regarding the depth of brine aquifers and the potential of ground water recharge which may enable an increase in the in-situ brine resource

- Options to engage specific international SOP expertise to support the pending Karinga studies and development are being assessed

- Initial discussions were conducted with Traditional Owners in relation to accessing the Lake MacDonald and Lake Amadeus exploration projects in the Northern Territory and Lake Frome and Lake Torrens in South Australia. The recent Geosciences Australia study into Australia's salt lakes highlighted the potassium potential of all of these lakes based on the surrounding geology.

SILICA (HIGH PURITY QUARTZ)

- Separation and rationalisation of silica tenements from the phosphate tenements continued during the Quarter

- Sacred site clearances of the Dingo Hole silica project were conducted by the Aboriginal Areas Protection Authority (AAPA) during the period. Final clearance certificates are pending. The granting of this certificate which will enable evaluation drilling of the mineralised area to be conducted which will increase the understanding of the deposit from a chemical perspective and enable the selection of a representative sample for further analysis and processing test-work

- First pass assays and processing test work on a composite Dingo Hole sample were conducted by Dorfner Anzaplan in Germany. The results of this first pass test work and the next steps were announced to the ASX on 23 October 2015

OTHER

- Fourteen stream sediment and sediment trap samples were collected and analysed as part of regular environmental monitoring of legacy disturbance around the old Eva uranium mine site which was acquired through the take over of Central Australian Phosphate

To view the full report with tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-RUM-432836.pdf

Rum Jungle Resources Ltd
T: +61-8-8942-0385
F: +61-8-8942-0318
E: info@rumjungleresources.com.au
WWW: www.rumjungleresources.com.au

Taruga Gold Ltd (ASX:TAR) Quarterly Activities Report

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Taruga Gold Limited (ASX:TAR) is pleased to present its quarterly activities report for the September quarter. During the quarter, Taruga announced the completion of the capital raising activities announced in the previous quarter, with a total of $1,071,000 raised before costs. As part of the process, Taruga undertook a consolidation of its securities on a 25:1 basis.

Exploration activities include geochemical sampling completed by Resolute Mining Limited (Resolute) as part of the Cote d'Ivoire farm-in and Joint Venture. Taruga also continued to assess and review of landholding and this led to the relinquishment of two option agreements in Mali. In Niger the company has been granted two additional licences that adjoin the highly prospective Kossa project.

In September Taruga announced the signing of a non-binding heads of agreement (HoA) with Newcrest Mining Limited (Newcrest). The HoA outlines the key key principles of a farm-in and joint venture for Taruga's 100% owned Dabakala Project, Cote d'Ivoire.

Cote d'Ivoire

Resolute Mining Limited Joint Venture

Resolute continued field activities during the quarter, with a major geochemical sampling program completed at the Tiebissou concession in central Cote d'Ivoire. A total of 1,277 samples were collected on the Joint Venture ground and initial results returned confirm a strong Gold-Arsenic-Antimony (Au-As-Sb) anomaly that is continuous from the Resolute ground to the Joint Venture ground. The anomaly is associated with a zone of strong shearing and geological complexity that is prospective for development of mineralisation.

A program of reconnaissance drilling is planned and site preparations are underway for the drilling to be commence in the next quarter.

And yes drill planning is completed and site preparations are underway with the intention to start drilling this calendar year.

Newcrest HoA (Cote d'Ivoire)

Taruga announced the signing of a HoA with Newcrest on 17 September 2015. The non-binding HoA outlines the key principles of a farm-in and joint venture for Taruga's 100% owned Dabakala Project, Cote d'Ivoire (Figure 1). Under the terms of the proposed JV, Newcrest will have the ability to earn a 75% interest in a JV company in Cote d'Ivoire by incurring exploration expenditure of US$1.7m over three years.

Taruga has entered into the non-binding HoA with Newcrest to achieve extensive exploration on the ground while maintaining significant exposure to exploration success. Newcrest is the owner of adjacent concessions and the geological interpretation indicates a continuity of geological structures and trends. Proposed exploration programs consist of infill auger geochemical sampling to define the gold anomalous zones prior to initial reconnaissance drill testing.

Summary Terms of the HoA and proposed JV

Under the HoA, Newcrest and Taruga agree to negotiate in good faith to seek to agree the final terms of a binding farm-in and JV agreement in accordance with the following key principles:

- Newcrest can earn a 75% interest in Taruga's Cote d'Ivoire subsidiary which holds the Dabakala concession by incurring exploration expenditure of US$1.7m within three years.

- Newcrest to incur a minimum of US$750,000 expenditure before withdrawal from the JV.

- Newcrest to make signature payments of US$50,000 on signing of HoA and a further US$50,000 on execution of definitive JV agreements in addition to minimum spend.

- Taruga will maintain a 100% interest until Newcrest completes the US$1.7million expenditure.

- The JV will be subject to Cote d'Ivoire regulatory approvals.

About Dabakala

The Dabakala concession is located in central Cote d'Ivoire and is 100% owned by Taruga subsidiary company International Goldfields CIV SARL. The concession was granted to Taruga in 2014.

Taruga has completed first pass geochemical sampling that outlined extensive surface gold anomalism associated with a major shear structure.1 The anomalies are regionally extensive and require infill geochemistry to define targets for reconnaissance drilling.

Newcrest has completed a regional stream sediment, rock chip and laterite sampling program as part of the project review which confirms the anomalous gold trends.

Mali

The Company continued its review of landholding and proposed work for this field season. At the SLAM project, the Company relinquished the Option agreements for the Djelibani and Balala concessions.

The Company intends to focus exploration activities on the Kambali prospect, where previous drilling has highlighted shallow, high-grade gold mineralization. In addition, the Company will continue to advance the strong gold anomalous zones in the Djelibani Sud concession.

Niger

During the quarter, Taruga received notification from the Niger Government that is had been granted two additional exploration licences - Ounzerbi and Kouriki. These new licences adjoin the highly prospective Kossa project and were initially targeted by Taruga to follow-up identified gold mineralized trends.

The company is currently compiling all available exploration information and completing a geological review of the concession area. In addition, Taruga received final documentation confirming the renewal and extension of term for the Kossa 1 and Kossa 2 concessions.

Corporate

Subsequent to quarter end the Company announced the resignation of Sam Edis as Joint Company Secretary. The Board wishes Sam well in his future endeavours.

To view tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TAR-740183.pdf

Bernard Aylward
Managing Director
Taruga Gold Limited
Mob: +61 418 943 345

Rhinomed Ltd (ASX:RNO) Quarterly Report

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Rhinomed (ASX:RNO) has had a strong first quarter of the financial year with positive traction across its consumer health and clinical businesses.

Key highlights of the quarter included growing demand for the Turbine and the Mute technology. Revenue for the quarter increased to $321k, off the back of increasing demand for the Turbine following Chris Froome's historic win in the Tour de France and growing awareness and distribution of the Mute snoring technology in the Australian pharmacy market. Cash receipts of $186k, which were broadly in line with previous quarter's receipts of $192k, lag revenue as new trade channels open on normal trading terms.

The Company also announced during the quarter that Boots UK, a subsidiary of Walgreens Boots Alliance (WBA) will stock Mute exclusively in the UK. Mute is now being rolled out on shelves in Boots UK pharmacies and through Boots.com prior to a major consumer awareness campaign that will commence in November. Boots is one of the world's premier pharmacy chains and to have Mute on shelf is a major milestone for the Company as we seek to create a global franchise in the snoring and sleep market.

Positioned for growth

"The growing awareness of the Company's novel nasal technology is continuing to attract interest from distributors and customers alike. Our strong investment in ensuring we have a robust and extensive intellectual property position, premium breakthrough and disruptive brands and a secure and well resourced production, manufacturing and logistics system has ensured that the Company is well positioned to meet demand and growth expectations," said Rhinomed CEO, Michael Johnson.

To meet increasing interest from the US market, during the quarter the Company appointed Mr Shane Duncan Vice President Sales and Marketing Americas. Shane has had deep experience in the pharmaceutical and medical technology industries having spent time at GSK, Merck and more recently as Marketing and Business Development Director for sleep company Compumedics in the US. An Australian, but having resided in the US for over 5 years, Shane will lead the expansion of the Mute technology into the retail and medical specialist markets.

Turbine

During the quarter Turbine saw positive increase in interest and revenue following Turbine brand ambassador Chris Froome's historic victory in the 2015 Tour de France.

"There is a growing global awareness of the benefits Turbine can offer athletes looking to improve their breathing. We would like to congratulate the athletes and teams who used Turbine to set new records. American middle distance track star Shannon Rowbury wore the Turbine in July to set a new American record for the 1500 meters (and broke Mary Decker's 31 year old record in doing so), Kiwi Linda Villumsen wore the Turbine to victory and became the 2015 UCI World Time Trial champion, and the extraordinary Canadian AeroVelo team set a new world record for human powered speed clocking an incredible 137.93km/hr. We invite all shareholders to visit the Turbine facebook page to view images and videos of these amazing athletes in action.

"This activity continues to support growing interest and trial in the Turbine technology and underpins its role in socialising the broader public with our technology platform," said Mr Johnson.

In September, Turbine exhibited at the 2015 Interbike expo in Las Vegas. Interbike is the world's premier cycling exhibition and provides an ideal opportunity to expose the brand and technology to retailers and distributors from around the world. The Company expects to make further announcements regarding distribution in the coming months.

Mute roll out

During the quarter the Company continued to grow its pharmacy distribution in Australia. Following the release of the technology in December last year and securing distribution through Australian wholesalers early this year, the Company carried out its first consumer campaign in Melbourne and Brisbane. The campaign 'Snoregust' sort to raise awareness of the role snoring plays in good sleep health. The campaign saw the Company partner with sleepwear company Mitch Dowd, a leading pharmacy group and also SleepGP - a growing network of GPs who are specifically focusing on sleep health. Pleasingly, the Company saw an increasing number of pharmacies begin stocking the Mute technology and this focus on extending the distribution reach in partnership with Australian wholesalers continues. These programs will continue to play a vital roll in raising awareness of the issues associated with snoring and we anticipate that 'Snoregust' will become an annual event that we will extend globally through our retail partners.

The major milestone of the quarter was the decision by Boots to begin stocking the Mute technology exclusively in the UK and through their website Boots.com. This is a major achievement for the Company. Boots is a part of the US based Walgreens Boots Alliance company - the world's largest pharmacy based consumer health company. The program for launching Mute into the UK market is well advanced and a consumer promotional campaign will begin in November.

Mr Johnson said, "While Boots is not well known in Australia, they are an iconic part of the British health system and the high street pharmacist of choice for generations of Britons. Their nationwide stores provide a pathway to the British snorer and we have already developed a productive working relationship with the Boots UK team."

Obstructive Sleep Apnea

In June, the Company commenced its first clinical trial for its new INPEAP (Intranasal Positive Expiratory Air Pressure) technology. The INPEAP trial is being carried out at Monash Lung and Sleep Department, Monash Health under the leadership of Assoc. Prof. Darren Mansfield. This independent trial seeks to test whether the technology is an effective and well-tolerated treatment for patients suffering from moderate sleep apnea - which represents close to 70% of all Obstructive Sleep Apnea patients according to the Wisconsin Sleep Cohort Study.

Mr Johnson said "There is a growing level of interest in this technology from clinicians as a potential front line solution for many patients struggling to deal with existing therapies. For treatments such as CPAP, when adherence is defined as greater than 4 hours of nightly use, up to 83% of patients have been reported to be noncompliant to treatment.1"

Additionally, the Company continues to receive strong interest from clinicians, ENT surgeons and sleep dentists who believe using the existing Mute technology to be used as an adjunct to oral devices or potentially CPAP patients suffering from nasal obstructions could improve the efficacy and compliance of these therapies. The Company will continue to investigate the utility of its technology with these specialists.

Capital raising

In September the Company raised $2.5m at 3.2 cents to provide support for the growth of the business. This placement to sophisticated investor and institutional funds was corner-stoned by one of our largest shareholders. We thank our shareholders for their continued support of the Company.

Business Divestment

The Company divested the Vibrovein technology, part of a stable of assets acquired by previous management, for $95k, of which $82k was received during the period and the balance since the end of the period.

Business growth

Throughout the quarter the Company continued its investment in furthering its R&D program with a focus on the sleep apnea opportunity and continued to invest heavily in the branding and promotion of its technology. The agreement by Boots to begin stocking the Mute technology is testament to the success of this strategy. Further investment in extending the production capacity of the ChinaMed facility also took place as it became apparent that the demand from global distribution will increase over the coming financial year. The Company's IP portfolio extends to over 56 patents in the nasal and respiratory area of which 13 are granted. In addition, we have secured a further 60 design patents.

"The Company continues to believe that investing in the creation of innovation that meets the clear unmet needs of patients, clinicians and customers and the creation of unique Australian developed technology will enable us to create a significant and powerful franchise in the global sleep market," said Mr Johnson.

Media Enquiries
Michael Johnson, CEO & Managing Director
+61 (03) 8416 0900
mjohnson@rhinomed.global

Orocobre Limited (ASX:ORE) Quarterly Activities & Cashflow Report - September 2015

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The Olaroz Lithium Facility is Orocobre Limited's (ASX:ORE) (TSE:ORL) (OTCMKTS:OROCF) flagship project located in the Jujuy province of Argentina. Together with partners, Toyota Tsusho Corporation (TTC) and Jujuy Energia y Mineria Sociedad del Estado (JEMSE), Orocobre is now operating the first large scale lithium brine plant commissioned in approximately 20 years. Although not containing components of inherent risk, the Olaroz lithium carbonate facility is a globally unique facility operating at high altitude and has its own set of project specific challenges.

The Olaroz Lithium Facility joint venture is operated through Argentine subsidiary Sales de Jujuy SA (SDJ SA). The effective equity interests are: Orocobre 66.5%, TTC 25.0% and JEMSE 8.5%.

Production Update

During the September quarter 492 tonnes of lithium carbonate product were produced. Production in October to date has significantly exceeded the September level and an Olaroz Lithium Facility Update will be released soon after the end of the month. Progress has continued on the de-bottlenecking program which has been outlined below as per the Olaroz Lithium Facility Operations Update dated 21 October 2015:

- Heat Exchangers:

Elevated temperatures in the return solutions in the purification circuit had made the absorption part of the circuit approximately 10 degrees higher than target, thus limiting lithium carbonate dissolution (i.e. the level of lithium carbonate able to be held in solution). Successful modifications to the plant have now been completed resulting in reductions in temperature to 15oC (better than the target range of 18-20oC) being achieved through use of the cold incoming brine as cooling fluid.

However, the use of cold brine in cooling has resulted in gradual blocking of the heat exchanger plates on the cold brine side causing a reduction of availability in the circuit by 30%. This blocking occurs from crystals pumped from the concentrated brine feed pond and crystal precipitation from the brine.

The blocking of the heat exchanger plates results in inconsistent temperatures leading to the collection of solid lithium carbonate in the tanks after the absorption stage. To solve this issue there are two steps required:

1. flocculants will be used to settle the suspended magnesium, sodium, boron and calcium salts in the pond to stop crystals being pumped from the concentrated brine feed pond to the lithium carbonate plant. This will allow a clarified brine to be fed to the lithium carbonate plant and reduce the incidence of crystal formation on the heat exchanger plates; and

2. additional heat exchangers will be installed in parallel to those already installed. This will allow the shutdown and cleaning of one heat exchanger at a time without impacting on production.

The use of flocculants in the concentrated brine feed pond to floc and settle the suspended salt crystals will produce a clarified brine and a lower loading of salt crystals in the brine being fed into the plant resulting in a slower rate of crystal formation and slower build up on the heat exchanger plates. The installation of two additional heat exchangers also allows cleaning to occur without impacting on the production rate and effectively provides some latent heat exchanger capacity.

These enhancements will be completed by early December. The maximum production achievable until these modifications are completed will be ~22 tonnes of lithium carbonate per day with ~30 tonnes per day achievable after optimizing existing available heat through the circuit.

- Magnesium and Calcium removal by Centrifuges:

The first of the two centrifuges continues to operate well with a capacity of 40m3/hr of brine feed into the plant. To reach the nameplate flow rate a second centrifuge, which is already on site, will be installed in November.

- Outotec Polishing Filters:

The replacement of the Outotec polishing filters by centrifuges to remove calcium and magnesium allowed these filters to be used to provide additional filtering capacity to recover lithium carbonate solids remaining in the circuit prior to discharge from the plant. This modification was completed during September. The improvement in recovery was less than expected and highlighted that:

a) solids losses directly from the primary reactors were minimal, which is positive

b) lithium carbonate solids were accumulating from the plant drainage in a large concrete environmental tank prior to discharge from the plant. Subsequent investigations have indicated a potential additional 150 tonnes of saleable lithium carbonate in this tank that will now be recovered and sold. The system will also be changed to stop lithium carbonate reporting to this tank over coming weeks.

- Boiler Increase:

The additional boiler will be installed by the end of November. However, lead times for importing some specialist piping and equipment that cannot be sourced locally and installation of same will delay the commissioning of the new boiler to early January. The increase in boiler capacity will permit the crystallizers and purification circuit to meet full capacity.

Production Guidance and Brine Inventory

The Olaroz Lithium Facility will reach breakeven point on an operating cost basis (net of taxes paid or reimbursed), when production reaches approximately 650 tonnes per month, subject to variability in final average sales price. The Company has previously advised that this would occur in October 2015 however, due to the engineering matters discussed above, this is now expected in December 2015.

All de-bottlenecking projects impacting production are now scheduled to be completed by early January 2016 permitting the plant to enter the final stage of ramp up and achievement of the nameplate production run rate. The timing of achievement of the nameplate production run rate is dependent upon the successful optimisation of operating practice once the debottlenecking rectifications are complete. At the end of the quarter, brine inventory was approximately 40,000 tonnes of lithium carbonate equivalent (LCE) up from approximately 32,000 tonnes of LCE at the end of June. There are no material changes to the capital cost estimates previously announced in the "Olaroz Lithium Facility Operations Update" dated 21st September 2015 and reaffirmed in the subsequent "Olaroz Lithium Facility Update" dated 21st October 2015.

Sales Orders

Commercial shipments of lithium carbonate have been and continue to be dispatched from the Olaroz Lithium Facility to Europe, Asia and the USA. All product that has been reported as produced is saleable product and has been sold or committed to a customer's purchase order. As previously advised, samples have also been sent to a number of battery and industrial sector customers as the final stage of product qualification.

The inventory level of lithium carbonate held at any given time is minimal. There is a lag between production of product and the sale being recorded as each export order needs to have a vessel booked, a document bundle produced (including bill of lading and commercial invoice) and be transported to the port.

All forecast production for CY2015 has been fully committed.

The main customer concern remains the long term security of quality supply. Once in full production the Olaroz Lithium facility should substantially fulfil this need.

Market Conditions

Prices in recent times have been steadily increasing to over US$6,000/tonne with further increases expected into CY2016 and beyond as lithium market conditions continue to tighten. Strong market demand and supply side constraints are resulting in continued upward pressure on market prices for lithium carbonate. FMC Corporation (NYSE:FMC) announced a 15% price increase in September for lithium products, effective 1st October 2015 and early indications are that a double digit percentage market price increase will be achieved for lithium compounds in 2016.

Borax Argentina

Borax Argentina has extensive operations and a fifty year production history, producing borax chemicals, boric acid and boron minerals. Production currently comes from three principal mines at Tincalayu, Sijes and Porvenir with concentrators at the first two locations and a chemicals plant at Campo Quijano producing refined products.

Market Conditions

Borax Argentina has been experiencing some challenging market conditions as a result of soft economic conditions in Brazil, historically its largest market. The downturn in the Brazilian economy and in particular a poor agriculture season has resulted in increased competition and downward pressure on market prices for all borates products.

Borax Argentina continues to actively pursue a geographic and product diversification strategy in order to better insulate the business from localised economic and market cycles.

Operations

Approximately 8,124 tonnes of combined products were sold during the quarter. This is approximately in line with the corresponding quarter last year (8,304 tonnes) and with the previous quarter (8,061 tonnes) when adjusted for low value tincal ore tonnes sold in the past. There were no tonnes of tincal sold this quarter.

Combined Product Sales Volume by Quarter*

  2013/2014 Quarters     2014/2015 Quarters
December 2013  11,410     December 2014   8,745
March 2014      9,027     March 2015      8,981
June 2014       9,558     June 2015       8,061
September 2014  8,304     September 2015  8,124

*Combined product sales volumes include borax chemicals, boric acid and boron minerals and does not include sales of tincal ore of 4,021 tonnes in September 2014 quarter, 4,225 tonnes in the December 2014 quarter and 2,061 tonnes in June 2015 quarter.

Borax Argentina is continuing to successfully produce boric acid at the Campo Quijano boric acid plant using hydroboracite in place of ulexite. The hydroboracite being used is the tailings from the Sijes concentrator, grading approximately 28-30% B2O3, which is a higher grade than the ulexite mined at Porvenir.

Hydroboracite has lower chloride levels than ulexite thus reducing the bleed of mother liquor from the plant while increasing recoveries and environmental benefits. The lower chloride levels in hydroboracite will also reduce plant maintenance. The cost of producing boric acid from ulexite is relatively high cost because the mining involves extraction of thin beds, with drying and screening taking place before transporting to the plant. The use of hydroboracite tailings will result in significantly lower boric acid costs. As previously advised Borax Argentina has received a loan approved of AR$29m (approx. US$3m) to fund productive asset improvements. These funds are being used to a) relocate the pentahydrate plant from Campo Quijano to Tincalayu to allow for the manufacture of pentahydrate on site at Tincalayu instead of transporting decahydrate to Campo Quijano for processing and b) increase production capacity at the boric acid plant by 20%. The current boric acid plant at Campo Quijano has a production cap
acity of 9,000tpa.

Corporate and Administration

Cash

Unrestricted cash on hand (i.e. cash not committed to a Standby Letter of Credit (SBLC)) at the end of the quarter was A$10.3m from a corporate perspective and A$11.3m from a group perspective (taking into account a A$1.46m Borax Argentina overdraft).

Financing

As detailed in Note 1 in the attached Appendix 5B, there are SBLCs in place for SDJ SA. A SBLC allows Orocobre to provide working capital to SDJ SA by depositing funds in USD as security in a restricted term deposit. This allows a SBLC to be issued which in turn allows SDJ SA to draw down funds in Argentina to the equivalent ARS$ (peso) value.

Post the quarter end, a process to enable better value to be extracted from these USD deposits has been advanced and it is expected that the Company will be able to provide SDJ SA with the necessary financial support through to positive operating cash flow without recourse to further funding.

In March 2016, SDJ SA will make the next principal and interest payment of approximately US$13m. The Company and its joint venture partners are assessing various project level options, including working capital facilities and product prepayment arrangements with customers with the objective that any part of this payment that is not met by operating surpluses is otherwise covered.

Corporate Governance

During the quarter the Company undertook an intensive overhaul of its internal policies and procedures as well as the existing Corporate Governance documents to better align with the updated Australian Securities Exchange Corporate Governance Council's "Corporate Governance Principles and Recommendations, 3rd Edition". These updated documents have been made available on the Company's website and reflect Orocobre's commitment to being a responsible and sustainable business.

To view all tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-888686.pdf

David Hall 
Business Development Manager
Orocobre Limited 
M: + 61 407 845 052 
E: dhall@orocobre.com 

James Calaway
Chairman
Orocobre Limited
M: + 1 (713) 818 1457
E: jcalaway@orocobre.com

Raya Group Ltd (ASX:RYG) Xped Video Presentation on ADRC Technology

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Raya Group Limited (ASX:RYG) ("Raya" or "the Company") wishes to share the following video presentation provided by Xped Holdings Limited ("Xped").

The video link below provides an overview of ADRC and the potential of this technology.

http://youtu.be/wI-Xi7NKS0Y

It may also be viewed by visiting:
http://www.xped.com/what/what-is-adrc/
and selecting "Watch the Video" button.

Raya Group Ltd
Michael Boyle, Peloton Capital
T: +61-3-9642-0655
F: +61-3-9642-5117
E: michael.boyle@pelotoncapital.com.au
WWW: www.rayagroup.com.au

Story-I Ltd (ASX:SRY) Annual Financial Report to Shareholders

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The Directors of Story-I Ltd (ASX:SRY) present their financial report on the Company and its controlled entities PT Inetindo Infocom and Story-I Pte Ltd (the "Group") for the year ended 30 June 2015.

OPERATING AND FINANCIAL REVIEW

Principal Activities

The principal activities of the Group, through its Indonesian operating subsidiary, is as an Apple Authorised Reseller and IT life style product retailer with 16 stores in 10 cities throughout Indonesia.

Operating Results

The operating profit after income tax of the Group for the year ended 30 June 2015 was $1,244,633 (2014: profit of $1,052,768).

Review of Operations

PT Inetindo Infocom was listed on the ASX in January 2015 via a reverse takeover of Pine Capital Ltd. In July 2015, Pine Capital Ltd changed its name to Story-I Ltd.

Although primarily an Indonesian based business, the Company listed on the ASX to provide improved visibility with a high standard of corporate governance as it deals with well-known international brands like Apple, Samsung, Lenovo and Citrix. The ASX listing also serves as a platform for the Group to grow organically in Indonesia and across the South-East Asian region.

Inetindo, the Indonesian operating entity, currently has 4 divisions:

1) Retail Division. Story-I's retail network encompasses the Authorised Apple Resellers under the Story-I branded stores and the Iconnect retail outlets carrying its other brands such as Samsung, Lenovo, and Huawei, as well as a range of accessories. A third retail brand within the group is the Geek Zone. In addition to being an Apple Authorised Service Provider, Geek Zone also sells apps and a wide range of accessories.

2) Distribution division. Inetindo is the exclusive distributor for Lenovo computers, notebooks and mobile phone products for Kalimantan in Indonesia. Lenovo is one of the world's largest manufacturers of computers, notebooks and mobile phones with operations in 60 countries and selling products in 160 countries. Inetindo will build on this relationship throughout Indonesia in 2016 and will continue to expand further in the ASEAN region.

3) E-commerce Division. In addition to the 3 bricks and mortar retail brands, being Story-I, Iconnect and Geek Zone, Inetindo has a full online E-commerce platform that both retails devices and accessories and hosts an online community of users and buyers. Story-I sees continuing growth in the online commerce platform given the increasing online purchasing activity currently witnessed in our fastest growing customer demographic, those between 16 and 30 years old.

4) Enterprise Solutions & Education Division. Inetindo, commencing with its recently signed reseller agreement with Citrix, will bundle its Apple devices with Citrix enterprise software solutions to enable business mobility through mobile access to data and cloud based application software and communications on any device over any network. The enterprise software division will open the infrastructure as a service market to Indonesian corporates and Multi-National Companies entering Indonesia. Inetindo will generate new revenue in addition to device sales in the form of Enterprise Software sales and recurring software service and upgrade contracts.

Indonesia - Asia's next Big Opportunity

Strong Regional Demographics

- Indonesia is the fourth most populous country in the world with a population of 253 million, which is expected to grow to 265 million by 2020. Vietnam has a 92 million population, whilst ASEAN as a whole has approximately a 600 million population.

- MAC (middle class and affluent consumers) population in Indonesia is expected to double to 141 million by 2020.

- Strong GDP growth in the region over the last 5 years.

Story-I now has the platform with store and online presence across its four divisions throughout Indonesia to truly capitalise on the country's substantial and well documented consumer growth. The opportunity is to rapidly grow store numbers with domestic and regional expansion, while at the same time drive customer penetration with its expanding online E-commerce offering.

Growth Drivers

- Additional stores to be opened in 2015/16. The company expects to open 7 more stores in Indonesia and Vietnam in 2015/16.

- Launch of new Apple and other brand products is expected to fuel an increase in revenue. The company expects strong sales from the new products including the iPhone 6S and 6S Plus, the MacBook Air and the Apple iWatch.

- Strong demand for high margin accessories for newly launched products. The company expects to enhance its net margins through a higher percentage of revenue coming from the high margin accessories, as well as wearables, which is expected to be well received.

- Overseas expansion. The company will set up operations in Vietnam to capitalize on the economic growth in that country. The first store opened in Ho Chi Minh City in September 2015, and this will be a base for further expansion throughout Vietnam.

- Enterprise Solutions. In addition to supplying iPhones and iPads to MNCs and domestic corporations, Inetindo is also providing bundled business solutions with service and maintenance contracts which provide high margin initial sales with ongoing recurring revenue. Story-I is an Apple Enterprise and Apple Education partner allowing further bundling of Apple devices and software in the lucrative Business to Business space.

- Online E-commerce platform. The iConnect online E-commerce platform represents a strong area of growth with its unique ability to penetrate Indonesia's vast consumer population. iConnect will deepen its product offerings with promotional campaigns and loyalty programs in addition to joint promotions with Tokopedia.com and bukalapak.com, two of Indonesia's top three online networks.

- M&A opportunities. Apple has approached the company as its main Reseller, and is still expanding, to be the consolidator of the fragmented Apple legacy stores in Indonesia. Apple has also introduced opportunities in Vietnam and Myanmar which the company is currently reviewing.

The financial information and statements contained within this annual financial report focus on the continuation of PT Inetindo Infocom ("Inetindo"), which is treated as the acquirer for accounting purposes of Story-I Pte Ltd, effective on and from 24 December 2013, and Story-I Ltd (previously Pine Capital Ltd) effective on and from 16 January 2015. The Inetindo business is considered the 'ongoing business' following the acquisition, and the significant changes to the respective entity's previous accounting arrangements, and their effect on the financial position of the integrated entity, are set out in more detail in this annual financial report. Therefore, the comparative figures will not reconcile to previous annual financial reports prepared by Story-I Ltd.

Financial Position

The net assets of the Group were $4,880,512 as at 30 June 2015 ($3,421,656 as at 30 June 2014).

Significant Changes in the State of Affairs

The Group raised $648,000 (before broker commissions) in capital during the financial year via the issuance of 3,240,000 fully paid ordinary shares pursuant to the listing on the ASX. There were no other significant changes in the state of affairs of the Group during the financial year.

Dividends Paid or Recommended

The directors do not recommend the payment of a dividend and no dividends have been paid or declared since the start of the financial year.

Significant Events After Reporting Date

No other matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Group or the state of affairs of the Group in future financial years.

Likely Developments and Expected Results

The Group expects to maintain the present status and level of operation and hence there are no likely unwarranted developments in the entity's operations.

Environmental Issues

The Group ensures the appropriate standard of environmental care is achieved and, in doing so, that it is aware of and is in compliance with all environmental legislation. The directors of the Company are not aware of any breach of environmental legislation for the year.

Proceedings on Behalf of the Group

No person has applied for leave of the Court to bring proceedings on behalf of the Company or intervene in any proceedings to which the Company is a party for the purpose of taking responsibility on behalf of the Company for all or any part of those proceedings. The Company was not a party to any such proceedings during the year.

Indemnification of Officers and Insurance Premiums

The consolidated entity has not paid any premiums in respect of Directors' and Officers' insurance during the year (2014: $nil).

Options

At the date of this report, there were no unissued ordinary shares of Story-I Limited under option.

To view the full report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-SRY-888789.pdf

Story-I Ltd
T: +6221 52905160
F: +6221 5274116
E: info@story-i.com
WWW: www.story-i.com

Raya Group Ltd (ASX:RYG) Quarterly Activities Report

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As announced on 26th October Raya Group Ltd (ASX:RYG) entered into a binding Heads of Agreement (HOA) with the key shareholders of Xped Holdings Ltd (Xped) to acquire all of the issued capital in Xped. Under the HOA, the remaining shareholders who hold 4.4% of Xped are expected to sign documentation by 3 November 2015, which will provide RYG with a right to then acquire 100%.

The Company is of the view that the acquisition of Xped will create a significant opportunity for both Raya Group and Xped stakeholders, enabling Xped to become a major force in the lucrative "INTERNET OF THINGS" (IoT) market.

Due Diligence period begins following the execution of the HOA and the market will be kept informed as the Company progresses this opportunity.

Purchase and Sale Agreement with Pryme Energy Ltd

On 1st July 2015 Pryme issued 100,000,000 fully paid ordinary shares and $250,000 AUD cash payment to Raya as part of Tranche 1 consideration under the Purchase and Sale Agreement of Raya's USA oil/gas assets.

The consideration payments of $350,000 for Tranche 2 and 3 combined, will become due to Raya at the success of the first 2 wells drilled in the Total Acreage on the basis they each are equal to or greater than 31 Mbo of oil and 200 MMcf of natural gas "gross" proved producing developed 1P certified reserves by Pinnacle Energy Services L.L.C.

During the quarter Raya acquired a further 35,014,214 Pryme listed shares (PYM) to bring the total holding to 135,014,214 listed shares.

On 12th October the Company sold its entire holding in Pryme Energy via on market trades and received funds totalling $667,000 after brokerage. The timing and disposal of the Pryme investment followed an opportunity to progress an acquisition opportunity with Xped Holdings.

Update on Current Projects

Sokoria Geothermal Project

The Company currently is awaiting approval from PLN on the Transmission Line Study tariff proposal for the Sokoria Geothermal Project with negotiations still ongoing.

During the quarter Raya and Bakrie met in Jakarta with a large power group from Europe to discuss potential involvement with the Sokoria Project. Whilst the discussions are still early with this party they hold all the capabilities to develop and fund the project from start to finish. They will continue to review Sokoria and other projects in the region and will advise their intentions when ready.

All other in-country works have been put on hold.

Australian Geothermal Projects

No other direct works were completed on any of the Australian tenements during the quarter, other than in respect of licence renewals and the like to ensure that all of these tenements remain in good standing.

Corporate

Share Registry

Raya changed its Share Registry provider to Automic Registry Services for shareholders on 20th July. The Automic proposal presented an ongoing saving to the company for this administration service and continues to add to recent cost reductions implemented.

Extraordinary General Meeting

On the 24th September an Extraordinary General Meeting ("EGM") was held to consider a number of resolutions to shareholders.

The Company is pleased to advise all resolutions were passed in favour.
Director Resignation

The Company advised on 22nd October that Daniel Lanskey has retired from the board.

2015 FY Financial Statements

The company recently engaged Pitcher Partners as independent auditor for the financial report of Raya Group Limited for the year ended 30 June 2015.

Raya will be holding its Annual General Meeting on 25th November to table the Financial Report before shareholders.

Mining Tenements held at the end of the Quarter:

Australia

Penola Trough: Areas GEL 223 area in the south-east of South Australia. These tenements are 100% owned by the Raya Group.

Limestone Coast: Areas GEL 611 area in the south-east of South Australia. These tenements are all 100% owned by the Raya Group.

Indonesia

Sokoria Geothermal Project: a Joint Venture with PT Bakrie Power, for a 30 MW geothermal development on Flores Island, Indonesia, with Raya holding a 45% interest in the project.

Ngebel Geothermal Project: a Joint Venture with PT Bakrie Power, for a 165 MW geothermal development on East Java, Indonesia, with Raya earning into a 35% interest in the project.

Dairi Prima Geothermal Project: a Joint Venture with PT Bakrie Power, for a 25 MW geothermal development in Northern Sumatra, Indonesia, with Raya holding a 51% interest in the project.

USA

Nil

Mining Tenements disposed of during the Quarter:

2,300 net acres in Northern Oklahoma were sold to Pryme Energy Limited

Finance and Administration

Cash Holdings

At the end of the quarter, the Company's cash position stood at approximately $366,000

The company also received a further $667,000 cash payment on 15th October from sale of Pryme shares.

Equity Holdings

The company disposed of its equity investment in Pryme Energy (ASX:PYM) and currently does not hold any shares.

HSEC

During the quarter under review, there were no reportable incidents relating to health, safety or community related matters.

Ph (03) 9642 0655 
Fax (03) 9642 5177
www.rayagroup.com.au

Valence Industries Ltd (ASX:VXL) September 2015 Quarterly Activities Report and Appendix 5B

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Valence Industries Ltd (ASX:VXL) is Australia's only operating graphite company. Valence Industries currently mines and processes flake graphite products from its Uley Graphite facilities near Port Lincoln, South Australia for supply to customers globally.

Quarter Highlights

Operations

- Commissioning completed at Uley Graphite processing plant

o Concentrate grades of up to 96% achieved on an intermittent basis

o Completion of Tailings Storage Facility

o Trucking commenced for transporting processed graphite above 92% from Uley operation to warehouse in Adelaide

- Required process plant improvements identified

o Additional grinding and screening capacity needed to maintain consistent level of higher grade product output

o Modest capital expenditure estimate of $7m, subject to final design detail

o Completion expected May 2016

- Part revision of expansion strategy

o Following installation of additional grinding and screen capacity, Uley processing plant capacity set to increase from current 14,000tpa to 21,000tpa by August 2016

Finance Facility

- Completion of key technical due diligence for Initial Facility

- Reduction of overall debt facilities from planned level of US$75m to US$40m
o Draw down under Initial Facility will be up to US$20m

- Bridging Facility increased to A$5m, with $4.5m currently drawn to meet current requirements

Graphite Sales

- Binding three-year, multi-product graphite sales contract signed with new customer

- Contract with Asia Pacific based customer provides for sales in excess of US$50m over next three years

Corporate

- New Managing Director Robert Mencel appointed, effective 1 December 2015

- Cost reduction program implemented
Current Operations

PRODUCTION

During the reporting period, the Uley Graphite operation achieved plant capacity of 21 tonnes per hour (tph) feed-in rate, and production graphite grades of up to 96% LOI (loss on ignition) were reached, however continuous and consistent output over weekly operating periods are still required. During the quarter, approximately 250 tonnes of graphite concentrate was produced. Transportation of concentrate above 92% has commenced from the Uley site to the Company's warehouse in Adelaide. Stock levels will continue to be progressively built up to match existing customer orders, with commercial export shipments to then follow.

Subsequent to the reporting period, the plant throughput rate at Uley has been reduced in the short-term. The plant is currently generating approximately 2 tonnes per day (tpd) of 92%-96% LOI product. This product is being used to meet sales and marketing requirments and to build stocks for initial commercial sales.

PROCESSING IMPROVEMENTS

An assessment of the Uley production facility by independent engineers Orway Mineral Consultants and internal engineers has identified bottleneck issues preventing the continuous production of high-grade graphite concentrate. At nameplate capacity of 21tph, installed secondary grinding, screening and bagging capacity were found to be undersized. A remediation plan has been developed to remove the bottlenecks, which when completed, will increase production capacity to 21,000 tonnes per annum, ramping up from between April to August 2016.

In recognition of the temporarily reduced processing rate, the Company has delayed any further mining activities at Uley Pit 2 until Q1 CY2016.

COMPLETION OF TAILINGS STORAGE FACILITY

During the reporting period, the deposit of tailings from the graphite processing stage was transferred from the process water ponds to the completed tailings storage facility.

EXPLORATION

During the reporting period, Valence Industries advised of further high-grade graphite drilling results from the targeted extensional drill campaign at the Uley Graphite operation.

The campaign is focused on the Uley Pit 2 area and was designed to confirm the dip and continuity of the Uley Graphite lodes. It will also provide data for a detailed mining schedule.

The latest assays confirm that near-surface mineralisation extends across the strike length of the resource area in a southerly direction and within the Exploration Target Area, and indicates a reduced volume of pre-stripping overburden removal prior to mining activities.

Notable near-surface intersections include:

Hole_ID  Width Graphitic Carbon  From     To
         (m)    Grade  (gC%)     (m)      (m)
MD641    2.0      28.8%           7.0      9.0
MD642    5.4      13.0%          11.8     17.2
MD654    5.6      11.1%           5.1     10.7

In addition, an initial review of current resource and reserves at Uley Pit 2 was completed during the reporting period and early analysis suggests the significant potential to generate lower cost, near surface reserves.

The review along with the latest assays will form part of an updated Uley Pit 2 mineral resource and reserve estimate, which, in line with recent updates to Valence's activities schedule, is planned for release in Q1 CY2016.

Expenditure on exploration activities amounted to $118,000 and $944,000 on development activities during the quarter.

Sales & Marketing

Valence Industries signed a binding three-year graphite sales contract with a new, Asia Pacific-based customer. The contract provides for sales in excess of US$50 million during the period, with benchmark pricing under the sales contract exceeding the Company's weighted average price of US$1,335 per tonne and includes take or pay provisions.

The customer, which cannot be disclosed due to contract confidentiality clauses, will purchase graphite for use in a wide range of industries including aluminium, steel, metallurgical, chemical, refractory, construction and expandable graphite products.

Delivery of the graphite is timed to match production from Valence Industries' existing Uley Graphite operation. First commercial sales are expected Q1 2016, once planned inventory build is complete.

Finance and Corporate

As a result of the lower capital expenditure required for the part expansion of production, Valence Industries advised of its intention to reduce its overall syndicated debt facilities from the previously planned level of US$75 million to no more than US$40 million. The draw down under the Initial Facility will be for an amount of up to US$20 million.

During the reporting period, key technical due diligence for the Initial Facility was completed. Discussions are ongoing regarding the completion of the remaining due diligence with no major issues arising. Valence Industries acknowledges that this process has taken longer than expected and the exclusivity period with the financier has lapsed. If talks with the debt provider are delayed further, the Company is considering alternate funding options to ensure development plans for the Uley operation are not further delayed.

The Company's short-term financing requirements are currently being met through the secured bridging facility issued under the syndicated finance facilities. The bridging facility has been increased to A$5 million, with $A4.5m now drawn down by Valence Industries to meet current requirements.

CAPITAL STRUCTURE

The Company carried out a renounceable rights issue of one new share for every six shares held at an issue price of $0.29 per share which raised $0.88m. During the quarter 167 listed options were exercised at $0.25.

Further, 2,062,500 shares were issued to Rio Tinto Exploration Pty Ltd with respect to concluding legacy royalties.

OVERHEAD COST REDUCTION PROGRAM

As part of remediation works to the Uley production facility, Valence Industries implemented an overhead cost reduction program during the quarter to reflect the lower throughput rate at the processing plant and to reduce site operating costs and cash outflows at both Uley and at the corporate office in Adelaide.

Under the program, the Company reduced workforce numbers by 60% and, together with corporate and plant operating efficiencies, the initiative is expected to deliver $265,000 monthly cost savings.

Valence Industries has retained key staff required to operate the Uley production facility at the lower feed-in rate and will, in the short-term, implement new onsite organisational structure and manning levels.

The Company will further review the workforce structure as production ramps up to the increased capacity of 21,000tpa in 2016.

To view the full report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-VXL-888853.pdf

Robert Mencel 
Deputy Managing Director 
Valence Industries

Jaroslaw (Jarek) Kopias 
CFO & Company Secretary 
Valence Industries

E: info@valenceindustries.com
T: +61 8 8418 8564 

Media and Investor Relations 
Rebecca Lawson
Media and Capital Partners 
T: +61 433 216 269 
E: rebecca.lawson@mcpartners.com.au

Altech Chemicals Ltd (ASX:ATC) Quarterly Activities and Cashflow Report

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Altech Chemicals Limited (Altech/the Company) (ASX:ATC) presents the quarterly activity report for the three months ended 30 September 2015.

$1.13 Million Share Placement

In early August, 2015 the Company announced that it had raised $1.13 million via share placement for the commencement of detailed design work for its proposed high purity alumina (HPA) project and for corporate and general working capital purposes.

A total of 19,144,068 fully paid ordinary shares have been issued at $0.059 per share, representing a ~10% discount to the 5 day VWAP of the Company's shares as traded on the ASX on the date on which the share placement price was set.

The majority of the placement ($1.0 million) was to Malaysian cornerstone investor Melewar IIC Limited (Melewar). Melewar is a diversified Malaysian industrial firm with interests in steel, energy and engineering businesses, and as a result of the placement Melewar has become the second largest shareholder of the Company, holding approximately 11.98% of shares on issue following the completion of the placement. The Company has invited Melewar to nominate a Malaysian based non-executive director to join the Altech Board, this will provide Altech with invaluable insight into the Malaysian business and operating environments as it progresses the development of its HPA plant.

The share placement was made in two tranches, an initial tranche of 8,974,576 shares ($0.530 million) was issued in accordance with the Company's placement capacity under ASX Listing Rules 7.1 and 7.1A; 8,474,576 shares to Melewar and 500,000 shares to the professional investor. A second tranche of 10,169,492 shares ($0.600 million) was issued post quarter end, following shareholder approval at the Company's Annual General Meeting on 15 October 2015.

Commenting on the share placement at the time, executive chairman of Melewar IIC Limited, Royal Highness Prince Ya'acob Bin Tunku Tan Sri Abdullah, said that Altech's HPA project is a very exciting, and that he looked forward to assisting the Company with its development plans: "The potential for Altech to be one of the worlds leading producers of high purity alumina at a low cost, with its plant in Malaysia is what attracted our attention and has culminated in this investment. The rapid growth in demand for sapphire based products from LED lighting manufacturers, and the electronics and smart phone sectors is compelling. Altech management team, led by Mr Iggy Tan with his proven track record of developing these type of projects, was another key consideration."

Altech managing director, Iggy Tan welcomed Melewar as an Altech shareholder. Mr Tan said that Melewar was a high calibre Malaysian company: "Royal Highness Prince Ya'acob Bin Tunku Tan Sri Abdullah is executive chairman and part owner of the Melewar Industrial Group, a diversified Malaysian industrial firm operating successful iron and steel, energy and engineering businesses in Malaysia. The Prince is a very successful businessman in his own right and is the grandson of the first King of Malaysia. We are pleased to have such a great partner to help develop our project in Malaysia."

Agreement signed with Mitsubishi Australia Ltd for High Purity Alumina sales into the Japanese market

On 24 September 2015, Altech announced that it had executed a sales and distribution agreement (Agreement) with Mitsubishi Corporation's Australian subsidiary, Mitsubishi Australia Ltd (Mitsubishi) for its proposed high purity alumina (HPA) product.

The Agreement appointed Mitsubishi as the exclusive seller and distributor of Altech's final HPA product to the Japanese market.

Mitsubishi is Japan's largest general trading company with more than 200 bases of operations in approximately 90 countries worldwide. Mitsubishi employs a multinational workforce of approximately 70,000 people across some 600 companies.

Mitsubishi has been engaged in long-term business with customers from around the world in virtually every industry, including energy, metals, machinery, chemicals, food and general merchandise.

In 2014, consumption of HPA in Japan was an estimated to represent 21% of estimated total global HPA demand for the year.

The Japanese market will be important for Altech and the agreement reached with Mitsubishi provides the Company with the required marketing and distribution experience for its HPA in this market.

Altech's managing director, Mr Iggy Tan said at the time that, "the Agreement with Mitsubishi marks another important milestone for the Company's HPA project". Mr Tan went on to say, "Altech are delighted to partner with one of Japan's largest companies and a very reputable name worldwide". "Altech's 4,000tpa HPA plant will position the Company not only as one of the world's largest producers of HPA, but also as one of the world's lowest cost producers of HPA", Mr Tan concluded.

Land for the Company's proposed High Purity Alumina plant secured in the Tanjung Langsat Industrial Complex, Johor, Malaysia

During the quarter, the Company announced that it has now secured land in the Tanjung Langsat Industrial Complex, Johor, Malaysia for its proposed high purity alumina (HPA) plant.

The Company has reserved a ~4 hectare site in a section of the industrial complex that is set aside for chemical facilities. The site is initially reserved until 30 December 2015 and upon execution of an option to lease, will be leased for a period of thirty years, with an option to renew. The land reservation and option to lease has been secured with a non-refundable deposit of MYR300,000, that is credited against the 30-year lease payment on exercise of the option.

As previously announced, the Company selected Tanjung Langsat as the location for its proposed HPA plant based on significant economic and developmental benefits, including the ready availability of required consumables such as hydrochloric acid, limestone, quicklime, power and natural gas - all at highly competitive prices. The availability of skilled labour, proximity to an international container sea-port and international airports (Johor Bahru and Singapore) and the various investment incentives on offer were additional benefits.

Feedstock for the HPA plant will be sourced from the Company's 100% owned aluminous clay (kaolin) deposit at Meckering, Western Australian. Approximately 18,565tpa of beneficiated kaolin will be containerised (using 2 tonne "bulka bags") and transported via road to the port of Fremantle, Western Australia (a distance of ~153kms). The containers will be shipped from Fremantle to the port of Tanjung Pelepas (a container port located in south-western Johor, Malaysia ~90kms by road from Tanjung Langsat) and then transported via road from Tanjung Pelepas to Tanjung Langsat.

Operating costs in Malaysia for the HPA plant are estimated to be in the region of 40% lower compared to an equivalent plant operated in Western Australia. In addition, the shipping of the Company's final HPA product from the Tanjung Langsat international sea container port to nearby Asian markets will provide both cost and delivery time advantages. Overall, Altech expects its proposed HPA plant to be in the bottom quartile of the operating cost curve for the world's HPA producers. Altech's HPA project has the potential to enhance the Malaysian region's HPA value-add chain, as sapphire glass producers such as Rubicon Technology currently operate a facility in Malaysia.

Permitting for Meckering kaolin mining operations commenced

A project application for the Company's proposed aluminous clay (kaolin) mining operations was lodged with the Western Australian Department of Environment Regulation (DER) during the quarter, as part of the permitting requirements for the project.

The DER has confirmed its acceptance of Altech's project application and confirmed that the next and final permitting requirement for the Meckering beneficiation plant as a Works Approval application, which will also be assessed by the DER.

Once the Works Approval is granted, construction of the beneficiation plant can commence. Also, under DER regulations, based on the beneficiation plants processing rate of less than 50,000 tonnes per annum (tpa), the plant may only require registration post construction rather than an application for an Operating Licence.

Mining approvals are regulated by the Western Australian Department of Mines and Petroleum (DMP) and the Company has already submitted a mining lease application, the first step in the DMP approvals process. Following grant of the mining lease, the Company will submit a Mining Proposal (MP) and a Mine Closure Plan (MCP) and upon approval of these items (and subject to funding), mining operations at Meckering will commence with overburden removal for the establishment of an open pit mine.

The ML grant is currently before the mining warden, with both the Company and the freehold landowner having lodged their respective submissions in relation to the application. At the same time, the Company is discussing an access compensation arrangement with the freehold landowner for the project pursuant to the Compensation Agreement announced to the Australian Securities Exchange on 14 February 2011.

The Company anticipates that both the DER and DMP approval processes will be relatively straightforward. There are no other permitting requirements for the Project.

To view the full report, with tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ATC-740493.pdf

Altech Chemicals Ltd
Iggy Tan
T: +61-8-6168-1555
F: +61-8-6168-1551
E: info@altechchemicals.com
WWW: www.altechchemicals.com

KGL Resources Ltd (ASX:KGL) Quarterly Activities and Cashflow Report

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KGL Resources Limited (ASX:KGL) (KGL or the Company) completed the Pre-Feasibility Study (PFS) of its 100% owned Jervois Copper-Silver Project and announced the results on 16 October.

Jervois was confirmed as a robust, mid-level scale mining project with an initial annual production of 21,000 tonnes of copper, one million ounces of silver, plus lead and zinc, with a mine life of more than 8 years.

The completed PFS was updated from the initial PFS announced last December. The enhanced result benefited from work in 2015 that included increasing and upgrading the mineral resources, simplifying the metallurgical processing and reducing the operating costs.

The PFS places Jervois among the lowest cost of the world's probable new mines. The PFS shows a C1* cash cost of US$0.88/lb (A$1.26) over the initial mine life of 8.25 years, a 3.2 year payback and A$807M operating cash flow.

It is likely that the mine life will be extended. With 12km of strike length, all orebodies remain open. The potential for substantial discoveries is demonstrated by the recent strongly mineralised intersection at the Rockface prospect - more than 2% copper over 13m - in an area that is not included in the current mining inventory used in the PFS.

Rockface has the potential to add a new open pit and underground mine to the Jervois project.

Jervois Copper-Silver-Gold Project, Northern Territory (KGL 100%)

The Jervois project as presented in the PFS will consist of open pit mining of several deposits followed by underground mining to feed a 2.2 Mtpa flotation plant producing 80,000 to 100,000 tpa of copper concentrate plus a separate lead/zinc bulk concentrate.

The project is forecast to produce a total of 754,000 tonnes of copper concentrate at a grade of approximately 23% copper and 283 g/t silver over an initial mine life of 8.25 years.

This equates to an average annual production of approximately 21,000 tonnes of contained copper and 1 million ounces of contained silver. The project will also produce approximately 179,000 tonnes of bulk lead-zinc-silver concentrate at a grade of 43% lead, 17% zinc and 1,069 g/t silver over the life of mine.

The PFS is based on a total Indicated and Inferred Resource of 30.5 Mt containing 327,000 t copper, 22.6 Moz silver, 143,000 t lead and 47,000 t zinc.

Exploration potential* exists peripheral to the current resource estimates. The Exploration Target for the combined Bellbird and Marshall-Reward zones for a 0.5% Cu cut-off is of the order of 4 - 8 Mt at 0.8 - 1.2% Cu, 7 - 15 ppm Ag for 40,000 to 100,000 tonnes of copper, and 1.5 - 3.5 million ounces of silver. The lodes are open at depth, and there are additional possibilities along strike from the deposits based on isolated drillhole information and from interpretations of the geophysical surveys.

*The potential quantity and grade of the Exploration Potential is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource in these areas.

Recent exploration successes at Rockface, Green Parrot and Bellbird East offer the potential for additional high grade relatively shallow resources that could feed into the early part of the mine schedule and further enhance the project's economics.

Open Pit Mining is proposed in three locations - Marshall-Reward, Green Parrot and Bellbird.

The life of mine waste to ore stripping ratio for the open pits is 7.3 : 1. Open pit mining continues for the first 6.25 years of the mine life. Underground mining is scheduled to commence in the third year of operations.

The process plant will produce copper sulphide concentrate as a primary product which will contain variable amounts of silver and gold depending on the ore source. During treatment of lead-zinc ores, the plant will produce two products: a copper concentrate, and a bulk lead-zinc concentrate which will also contain the majority of the silver and gold. The only significant penalty element will be bismuth which will be contained in both concentrates and is likely to attract a minor penalty.

The concentrate transport study concluded that the use of sealed half height containers was the cheapest and safest method to transport the concentrate from site to Darwin. The sealed half height containers will be trucked to Alice Springs and then transported by rail to either Darwin or Adelaide for export to Asian smelters. This process will eliminate the need for any intermediate enclosed warehousing at both Alice Springs and at the export port.

Power will be generated on site from a 100% Liquefied Natural Gas (LNG) fuelled power plant with the inclusion of a PV solar plant representing 10% of the overall power demand.

The PFS provides for the Definitive Bankable Study to commence early in 2016, design, procurement and construction to commence in 2017 (subject to funding being secured) and first production targeted for 2018.

Exploration

New areas of copper mineralisation were discovered during the quarter.

KGL completed a 3D induced polarisation (3DIP) and magnetotelluric survey (MT) in the Bellbird region to search for additional zones of mineralisation in a poorly tested yet highly prospective zone along the 12km mineralised strike length at Jervois.

Targeting the anomalies identified in the survey, KGL initiated a 10-hole drilling program. Five holes were completed during the quarter, and all holes intersected new zones of copper mineralisation.

The fifth hole, drilled at the Rockface Prospect, intersected an extended length of strongly mineralised core from 253 metres. This is deeper than any previous hole drilled at Rockface and well below the current Inferred Resource. Diamond hole KJCD171 intersected:

- 13m @ 2.14% copper, 12.4 g/t silver, 0.10 g/t god from 253m

- 2m @ 2.83% copper, 10.8 g/t silver and 0.05 g/t gold from 278m

The Rockface trend does not feature in the PFS mine schedule. However, with such mineralisation intersected in the first hole into an IP anomaly 500m long, further drilling could identify areas for mining.

Further high grade copper was intersected near the surface at the Killeen Prospect:

- 2m @ 3.18% copper, 11.8 g/t silver and 0.03 g/t gold from 19m (Hole KJC167)

Yambah prospects, Northern Territory (KGL 100%)

Preliminary exploration work continued on two exploration licences at Yambah, 50km north of Alice Springs in the Northern Territory. KGL announced in April 2015 that they had been acquired due to the close similarity of the mineralisation style and host rocks to Jervois.

The highly prospective tenements contain a base metal zone and copper occurrences that have not been fully drill tested.

Corporate

At the end of September 2015, KGL had a cash balance of $3.163 million.

Outlook

Down hole electromagnetic surveying is currently taking place at the site. The results from these surveys will be used to design the next drill program at the site.

PWC has been commissioned to find a project partner to participate in the development of Jervois as a significant copper, silver and multi-metal mine.

To view tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-KGL-888922.pdf

Mr Simon Milroy
Managing Director
Phone: 07 3071 9003

Triton Minerals Ltd (ASX:TON) Quarterly Activities Report

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The quarter ending 30 September 2015 was another productive quarter for Triton Minerals Limited (ASX:TON) (Triton or Company). A considerable amount of material activity was reported both at a corporate level and across Triton's operations, including:

- Triton Mozambique Graphite (TMG) suitable to produce graphene, battery grade spherical graphite and a range of enhanced graphite products;

- Jumbo flake graphite located at Nicanda Hill (P66 zone); and

- Substantial Graphitic Mineralisation confirmed at Ancuabe (T12).

These highlights, together with other material activity announced during the quarter, are discussed in more detail below, with a link to the full report.

PROJECTS OVERVIEW

Graphite Operations - Mozambique

Balama North project

- Rubicon Resources (ASX:RBR) engaged to provide key support services in Mozambique through RBR's Mozambique subsidiary, PacMoz Lda.

- Feasibility Study activities & drilling underway, environmental and social impact assessment progressing well.

- Jumbo flake graphite located at Nicanda Hill (P66 zone).

- TMG suitable to produce graphene and battery grade spherical graphite.

- DUAT application and early works program progressing.

- Metallurgical test work program is well advanced.

- Triton Mozambique Development strategy outlined.

- Triton rapidly advancing Nicanda Hill towards production.

- Triton seeking to become a market leader in low-cost-production, high grade graphite.

Ancuabe project

- Coastal and Environmental Services complete dry season review for Environmental Impact Study at Ancuabe project.

- Drill rig mobilised to site for initial drill program.

- Substantial graphitic mineralisation confirmed (T12 Mineralisation).

- Environment Impact Assessment (EIA) continues on schedule.

- DUAT applications on schedule.

- Initial feasibility study commenced.

- Early works commenced with 15km all weather access road to sealed highway completed to T12 site.

Balama South project

- Reconnaissance geological mapping & sampling program completed.

- Metallurgical and mineralogical analysis underway.

Joint Venture Operations

China

- China JV factory site visit completed.

- TMG product testing underway.

Mozambique

- Mozambique JV factory site location soon to be finalised.

Australia

- Fraser Range North project surrendered.

CORPORATE OVERVIEW

- Paula Ferreira appointed Non-Executive Director.

- Change of registered address and principal place of business.

- General Meeting held 22 October 2015.

To view the full report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TON-740569.pdf

Triton Minerals Ltd
Brad Boyle
T: +61-8-6489-2555
F: +61-8-9388-1252
E: info@tritonmineralsltd.com.au
WWW: www.tritonmineralsltd.com.au

Crusader Resources Limited (ASX:CAS) Quarterly Activities Report

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Crusader Resources Limited (ASX:CAS) announce the Quarterly Activities Report with significant highlights.

Maiden JORC compliant mineral resource estimates delivered for the Querosene, Dona Maria and Crentes prospects at Juruena Gold Project. The total inventory exceeds 230,000 ounces of gold at 5.6 g/t Au (open pit and underground prospects combined)

High-grade resources at the Querosene and Dona Maria prospects total 459kt at 12.1 g/t for 178koz of gold, comprising;

o Querosene 263kt at 12.3 g/t for 104koz of gold and

o Dona Maria 196kt at 11.8 g/t for 74,700oz of gold

Both Querosene and Dona Maria are open at depth and along strike and expected to grow with additional planned drilling

Global Resource Engineering appointed to assist with optimisation and conceptual project designs - Initial economic reviews indicate that the Querosene and Dona Maria prospects could be favourable for underground development, being near-surface and relatively contiguous ore bodies

Metallurgical testwork for both Querosene and Dona Maria returns excellent (>90%) recoveries using conventional processing

Posse Iron Ore Mine continues to mine profitably with gross profit of $200k

Sales receipts for the quarter of $2.6M

Posse operating costs continued to trend downwards averaging $10.45/t over the quarter, compared to $12.67/t for the previous quarter

Crusader's Managing Director Rob Smakman commented, "It has been a very busy quarter where we have made significant steps at Juruena, culminating with the release of maiden resources for Querosene, Dona Maria and Crentes. The high grades at Querosene and Dona Maria have confirmed our geological model and importantly, provide a platform for expansion and exploration. Crusader will now focus on progressing a conceptual study to look at the best possible development options for Juruena.

We have managed to conduct the ongoing exploration and development at Juruena, whilst maintaining profitability at Posse- a challenge in the face of very difficult market conditions. We have managed to achieve this through continued cost discipline and a superior local product."

Juruena Gold Project - Mato Grosso State, Brazil (100% Crusader)

The Juruena Project (> 400km2 of contiguous tenements, 100% Crusader owned) is located in Central Brazil on the southern fringe of the Amazon basin. Situated on the western end of the prospective Juruena-Alta Floresta Gold Belt (estimated to have produced ~7Moz), Juruena has been worked extensively by artisanal miners (garimpeiros) since the 1980s, producing an estimated 500koz (see Figure 1 in link below).

Crusader's first drilling program at Juruena has successfully led to the estimation of maiden resources for three prospects within the Juruena Project- Querosene, Dona Maria and Crentes. A table of the resources at different cut-offs is given in link below.

Querosene Prospect

The Querosene prospect is located on the eastern end of the Juruena project area and was the first prospect targeted in the Crusader drilling program due to several exceptional high-grade drilling results from previous explorers. Results from Crusader's 2014/15 drill campaign confirmed and expanded on these results (including 2m @ 32.97 g/t gold from 84m in hole QR-20 and 3m @ 26.35 g/t gold from 73m in hole QR-03) and their continuity has allowed independent consultants to estimate a JORC compliant mineral resource of 263,500t at 12.3 g/t for 104,100oz Au (using a 2.5g/t lower cut-off and a 60g/t top cut).

Mineralisation is divided into four main zones, with the majority of the higher grades and ounces contained in the SE and Main zones. Mineralisation at Querosene is open to the south and at depth, with several areas on the Main zone and SE zone presenting obvious drilling targets which could have immediate and significant impact (see Figure 2 in link below).

The mineralisation is associated with narrow shear zones, quartz veins and minor sulphides. Mineralisation intercepts (downhole) normally vary between 1-4m in width (See Figure 3 in link below), with narrow, sub-vertical, non-magnetic dolerite dykes often associated.

Results for metallurgical testing on samples from the Querosene prospect indicate recoveries of > 90% for both gold and silver using standard leaching (see ASX release 1 July 2015). Results also indicate the gold and silver are free milling and well distributed within the ore.

Crentes Prospect

Mineralisation at Crentes appears to be associated with sheeted quartz and sulphide veins (pyrite, +/- chalcopyrite) which are exposed in a shallow garimpo working. The garimpo pit is approximately 400m long (oriented WNW- see Figures 4, 5 & 6) and up to 40m wide. The mineralised trend is associated with the Juruena fault zone, a regionally extensive feature which is generally unmineralised and along strike from the Querosene prospect.

Crentes is a lower grade prospect than Querosene or Dona Maria, however it has the advantage of being broad and near-surface and is therefore considered a potential open-pittable target.

Dona Maria Prospect

Dona Maria is located adjacent to the Crentes prospect, approximately 1 kilometre along the Juruena fault zone from Querosene. Mineralisation at Dona Maria appears to 'splay away' from the main Juruena fault (WNW) toward the NNW (see Figures 5, 6 & 7 in link below). There is a broad, relatively shallow garimpo working over the mineralised trend and historical intercepts indicate both very high-grade narrower intercepts and broad, moderate grade disseminated intervals.

Results from Crusader's 2014/15 drill campaign have confirmed very high grade zones within the Dona Maria prospect with results including;

- 8m @ 62.40 g/t Au from 101m in MR-10,

o including 3m @ 161 g/t Au

- 3.38m @ 47.97 g/t Au from 183.62m in MD-01,

o including 1.87m @ 84.50 g/t Au from 183.62m

Following the receipt of results from Dona Maria and their interpretation and geological modelling, independent consultants have estimated a JORC compliant mineral resource of 196,300t @ 11.8 g/t for 74,700oz Au (using a 2.5g/t lower cut and a 60 g/t top cut).

Mineralisation at Dona Maria is oriented NNW and appears to be a 'splay' away from the WNW trending Crentes mineralised zone (coincident with the main Juruena fault zone). Dona Maria mineralisation is associated with sulphides within a sheared, quartz-rich zone, associated with steeply dipping dolerite dykes (see Figures 5 & 6 in link below).

Metallurgical testwork at the Dona Maria prospect recovered +90% gold in standard leaching tests. Various tests including leaching and leaching plus gravity at different grind sizes and leach times, recovered between 85.4% and 91.0% gold (39.7% and 47.6% Ag). The 15kg sample which was composed of recent drill cuttings, had a head grade of 31.2 g/t gold and is indicative of the high grades observed at Dona Maria.

Posse Iron Ore Mine - Minas Gerais, Brazil (100% Crusader)

The domestic Iron Ore and Pig Iron industries in Brazil have continued to benefit from the weaker Brazilian currency, helping to counter the impact of lower international commodity prices. This factor combined with improvements in the quality of Posse's primary lump product - Hematitinha (HTT) has allowed the Company to source new customers and increase sales volumes in the local Brazilian market.

Early 2015 HTT sales volumes were around 12,000t/month and these have increased to around 19,000t/month (see Figure 9 in link below). This trend is expected to continue as iron ore markets continue to stabilise.

Cost reduction strategies have successfully retained margins and profitability with operating costs averaging $10.45/t over the quarter, compared to $14.60/t for Q1 and $12.67 in Q2 (see Figure 10 in link below).

Operating costs have been reduced significantly over the last year from a peak of $18.22/t for the December 14 quarter. The Company anticipates this trend to continue over Q4 2015 and throughout 2016.

As previously reported Crusader signed a key access agreement with the surrounding tenement holder at Posse, in June 2015. The agreement allows Crusader to mine into the neighbouring area, a pre-requisite to access all of the hematite and itabirite ore within Crusader´s Posse lease.

It is expected that this agreement will extend the mine life within the Posse tenement, within an updated pit boundary. Work has commenced over the period to access this quality ore so it can be blended to create products specific to individual customer needs and continue to increases the overall quality of Posse products.

Over the past 12 months the Company has successfully restructured its operations and activities, lowering costs through a combination of redundancies and improved processes. It is anticipated that sales receipts for the December 15 quarter will exceed all group expenditure from production, exploration and evaluation, and administration.

Borborema Gold Project, Rio Grande do Norte, Brazil (100% Crusader)

The currency effect on the BRL denominated gold price has continued to assist with the economic evaluation of Crusader's 100% owned Borborema Gold Project, located in the northeast of Brazil. Borborema has a JORC reserve of 42.4mt @ 1.18 g/t Au for 1.61Moz comprised of two ore lenses, with the shallow lens containing the bulk of the reserve (26mt @ 1.14 g/t Au for 970koz). Crusader is evaluating the opportunity to commence mining on a smaller scale focused on the shallow portion of the ore body.

Over the period, Scoping Study work at Borborema focused on two key areas, the water balance and licensing.

Water

The Borborema Gold Project is hosted in the northeast of Brazil, an area affected by droughts and water shortages in general. Mineral processing solutions which allow for higher levels of water recycling are therefore important for the longevity and economics of the project.

Crusader has met with several suppliers of filtration equipment, which is potentially useable for tailings disposal, and can allow for higher levels of recycling of process water. This technology has improved significantly over the past years as capital and operational costs have continued to fall. Filtration of tailings could potentially be a significant step for Borborema for several reasons;

- Remove the requirement for a tailings dam - the tailings will have most of the water recovered (final moisture content of ~ 8-15%) and be 'stackable' in a waste pile

- Potentially reduced capital costs - tailings dam and associated infrastructure

- In line with local government and IFC requirements regarding environmental responsibility

Construction has also begun on a new Government pipeline from Currais Novos to Armando Ribeiro Gonçalves Dam.

This will provide a substantial increase in water availability to the area, including Crusader's Borborema Gold Project. Environmental, Licensing and Social

Crusader continues to work with IDEMA (State Environmental Authority) and DNPM (federal mines department) to optimise the size and location of waste dumpsites and powerlines given the opportunity to commence operations on a smaller project.

Health & Safety / OHS

No lost time incidents (LTI) at Borborema, Seridó, Juruena or Posse during the period. We maintain our LTI-free record at Posse, to date now 876 days (end September 2015).

Corporate

Over the quarter Crusader hosted its major shareholder, International Finance Corporation (IFC), onsite at the Juruena Gold Project as part of Crusader's ongoing compliance with IFC requirements. Crusader is committed to meeting all of the environmental and social requirements of IFC and believes that their ongoing support will continue to assist the Company in the commercialisation of Crusader's gold assets in Brazil.

To view all tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CAS-740587.pdf

Mr. Rob Smakman 
Managing Director, Brazil
Office (Brazil): +55 31 2515 0740 
Email: rob@crusaderdobrasil.com 

Mr. Paul Stephen
Executive Director, Australia
Office (Aus): +61 8 9320 7500
Email: paul@crusaderresources.com

Goldphyre Resources Limited (ASX:GPH) Annual Report

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The financial year ending 30 June 2015 marked a seminal period for Goldphyre Resources Limited (ASX:GPH), with a new exploration focus and significant board and management changes. Your Board continued to manage the Company's project areas prudently and professionally, which saw the number of tenements owned by the Company being reduced. Cash reserves were bolstered with successful placements of shares in August 2014 and June 2015, with the later issue's pricing indicative of the support the Company received following its inaugural Lake Wells Potash Project announcements.

Goldphyre commenced the 2015 financial year with encouraging gold and base metal results from exploration at the Lake Wells project in July 2014. The Central Area prospect returned best RAB intercepts of 49 metres at 0.22% nickel, from 10m, and 2 metres at 441ppm copper from 8 metres. At the Axford prospect, best intercepts from the same program, including 2 metres at 440ppb gold and 4 metres at 200ppb, indicated a new, mineralised trend open along strike of previously recorded results.

In December 2014, the Company conducted a brief, 760 metre RC drill program at its 100% owned Laverton Downs project. This drill program similarly yielded very encouraging shallow gold and zinc results, including 4 metres at 1.99 grams per tonne gold and 8 metres at 0.21% zinc. However the new calendar year commenced with the Company shifting its exploration focus to the unusually high potassium levels recorded from a small, lake surface brine-sampling program at what has now become the Lake Wells Potash Project. I encourage you to follow the progress of that Project's development in more detail in the Operations Report.

Your board's composition changed quite markedly in July 2014, with Dean Goodwin, a geologist of some 30 years' experience, and I taking positions as Directors. I thank Dean and founding Director Brenton Siggs for their continued support and efforts. Your board now comprises significant and strong geological experience, complimented by my corporate and financial background.

The 2015 year was a very exciting time to be involved with your Company, and I know I speak for my fellow Directors when I say that I look forward to the balance of the 2016 year with much anticipation as we progress both the Lake Wells Potash Project and Goldphyre Resources Limited.

PROJECTS AND EXPLORATION ACTIVITIES

1. HIGHLIGHTS

LAKE WELLS

- Significant sulphate of potash (SOP) brine results from reconnaissance pit sampling and hole dipping with an average across all brine samples of 4.93 kg/m3 K, equivalent to 11.00 kg/m3 SOP

- Existing drilling combined with aquifer modelling work revealed an extensive palaeovalley aquifer volume of approximately 1.6 billion cubic metres, with strong groundwater inflow and the presence of a deep palaeochannel in the central part of the project

- Encouraging drill results were received in July 2014 from a reconnaissance RAB/AC drill program over 60 holes (1981m) on regional base metal and gold targets

- A second, shallow parallel gold trend was identified at the Axford Prospect with an intercept of 2 metres at 440 ppb Au from 25 metres from hole LGAC164

- Nickel-copper drill-hole gold anomalies were also recorded including 49 metres at 0.22% Ni from 10 metres from hole LGRB046

LAVERTON DOWNS

- An 8 hole RC drill program was completed during the quarter, with anomalous gold and zinc results reported including 4m at 1.99g/t Au from hole LDRC001, and 8m at 0.21% Zn from 28m in hole LDRC001

BERETTA

- A large, underexplored holding of approximately 350 km2 in the East Albany Fraser Range Belt has been applied for, and at the date of this report is awaiting grant

- The tenement area applied for includes the 'MI6' untested magnetic high feature

MAILMAN HILL

- An extensive 1200m long zinc-copper geochemistry anomaly has been identified with up to 165ppm Zn and 132ppm Cu, which is coincident with a previously reported down-hole RC zinc-copper anomaly of up to 1m at 0.51% Zn which itself remains untested at depth

- Historic and previous geochemistry sampling confirmed a dislocated 2000m long historic gold anomaly

2. OVERVIEW

Throughout the 2015 financial year, the Company explored priority potash and gold & base metal targets on 100% held tenure (Figure 1, Appendix 3) and also reviewed a number of local and overseas project opportunities. The Company has further divested or surrendered several low priority tenements and acquired new tenure with exploration upside.

As at 30 June 2015, the Company holds 100% of 10 granted tenements and 2 tenement applications in the Eastern Goldfields which form five exploration projects (Figure 1, Appendix 3). These projects are located in the Laverton/Leonora and Fraser Range regions of Western Australia.

The Company's primary exploration focus in the reporting period has been to evaluate the Lake Wells project predominately for potash, and other exploration properties for gold, copper, zinc, nickel and platinum group elements (PGEs).

The potash exploration effort has been rewarded with the identification of a significant potash brine exploration project via successful reconnaissance playa lake pit sampling, dipping of selected drill-holes and aquifer modelling using an extensive combination of historic & current Goldphyre drill hole data at Lake Wells.

Encouraging gold and zinc results were also recorded from the first reverse circulation (RC) drilling program at Laverton Downs.

A coincident zinc-copper soil anomaly and drill-hole zinc anomaly previously identified at the Venus Prospect at Mailman Hill Project requires further geophysical surveying to evaluate massive sulphide potential at depth.

To view the full report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-GPH-740722.pdf

Goldphyre Resources Limited
Mr Matt Shackleton, Executive Chairman
T: +61-438-319-841
E: m.shackleton@goldphyre.com.au
WWW: www.goldphyre.com.au

AUDIO: Blackmores Limited (ASX:BKL) Interview with CEO Christine Holgate and Bega Cheese Ltd (ASX:BGA) Chairman Barry Irvin

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AUDIO: Blackmores Limited (ASX:BKL) Interview with CEO Christine Holgate and Bega Cheese Ltd (ASX:BGA) Chairman Barry Irvin.

With the business tie up between Blackmores Limited and Bega Cheese Limited, a synergy between to well known brands is set to provide value for consumers and investors alike.

The Bega Cheese Ltd subsidiary "Tatura" has been manufacturing milk products for many years and is now focusing their technology providing "Life Stage" nutritional products for distribution through Blackmores Ltd.

In a discussion with Christine Holgate and Barry Irvin, the foundation for that business relationship is explained.

To listen to the interview, please visit:
http://www.abnnewswire.net/press/en/81391/bega

Blackmores Limited
Sally Townsend, Head of Brand Communications
T: +61-2-9910-5122
E: stownsend@blackmores.com.au
WWW: www.blackmores.com.au


Bega Cheese Limited
WWW: www.begacheese.com.au

FINANCE VIDEO: Byte Power Group (ASX:BPG) CEO Alvin Phua Talks about the Growing Wine Power Business

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Byte Power Group (ASX:BPG) CEO Alvin Phua Talks about the Growing Wine Power Business to ABN Newswire.

Wine Power Pty Ltd is a wholly-owned subsidiary of Byte Power Group Limited, an Australian Company listed on the Australian Stock Exchange (ASX). Wine Power is focused on exporting premium Australian wines to Asia, especially our own range of 8 Eagles wines from the Barossa Valley in South Australia.

The company's Singapore division was established in 2013 in order to strengthen the company's wine sales and distribution platform across markets in South-East Asia. As well as distributing our 8 Eagles range of wines, Wine Power distributes a range of well recognised and highly sought after wines, including prestigious labels such as Penfolds, Wolf Blass, Wynns Coonawarra Estate, Rosemount Estate, Lindeman's and Saltram to name a few. Wine Power is growing it's wine distribution business across new and developing markets and is continuously looking for new growth opportunities, especially in China.

The flagship brand "8 Eagles" can be found on the Wine Power website:
http://www.winepower.com.au

To watch the video, please visit:
http://www.abnnewswire.net/press/en/81392/wine

Byte Power Group Limited
T: +61-7-3620-1688
F: +61-7-3620-1689
WWW: www.bytepowergroup.com
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