VAN 0.00% 4.7¢ vango mining limited

summary of ord's projects & their delopments

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    1st.
    I've just gotta say to anyone who thinks ORD is just a small speccie, believe me... it aint small...it maybe a speccie (for now).. but it's flippen HUGE, below is just a small overview of ORDs projects and their todate developments..

    CCD/GRAM
    Caledon.. is a coking coal producer and explorer in the Bowen Basin of Queensland, Caledon has been allocated four million tonnes per annum of the initial 27 million tonnes per annum of export capacity.In the quarterly report released on 3 May 2011,Caledon announced it had sold a total of 137,000 tonnes for the three months ending 31 March . In the longer term, they are targeting a minimum of one million tonnes of saleable product per annum from the Cook mine. The coal from the Cook mine is railed to the port of Gladstone for export.

    GRAM... is one of the largest state-owned enterprises in China, supervised by the State-owned Assets Supervision and Administration Commission of Guangdong Provincial People's Government. GRAM is a Chinese investment group, with investments in a range of listed and unlisted entities across a wide range of sectors and has recently been active in the mining sector and has recently been seeking to acquire coal assets to satisfy demand for coal in Guangdong Province and its adjacent provinces.

    GRAM is attracted to Caledon's resource of coking coal, infrastructure access, rail and potential port capacity. Caledon would provide a platform for future expansion in Australia and the region. The Acquisition would fit well with GRAM's strategy and reflects the Guangdong Province's long term focus on securing supply and plans to sell coal to Chinese customers on an arm?s length basis.

    ORD.. has assisted GRAM in relation to originating and facilitating the implementation of the Acquisition....In connection with that, GRAM (or an affiliate of GRAM) has granted Ord an option to purchase an interest of between 5 and 10 per cent. in Caledon at the price paid by GRAM
    at the time of the completion of the Acquisition.

    Development's...

    26 July 2011-Caledon Acquisition Update-
    We are pleased to announce that the resolutions proposed for the friendly acquisition of Caledon Resources plc (?Caledon?) by Guangdong Rising Assets Management Co., Ltd (?GRAM?) via a scheme of arrangement have been passed at Caledon?s Court Meeting and General Meeting in London on 25 July 2011.

    15 August 2011-Caledon Resources plc announces that at a hearing held earlier today, the High Court of Justice in England and Wales (the "Court") sanctioned the Scheme to effect the recommended acquisition of Caledon by Bidco.In order for the Scheme to become effective in accordance with its terms, the Court must confirm the Reduction of Capital at the Second Court Hearing which is scheduled to take place on 25 August 2011.

    16 August 2011- As of the close of trading on Tuesday, 16 August 2011, the securities of Caledon Resources plc (the ?Company?) are suspended from quotation in accordance with the timetable for the proposed scheme of arrangement with Guandong Rising (Australia) Pty Ltd following lodgement with the High Court of Justice in England Wales of the court order sanctioning the scheme of arrangement.

    LAOS

    ORD has identified undeveloped bauxite resources on the Bolaven Plateau, Southern Laos, potentially one of the world?s largest. Initial exploration indicates that the Laos bauxite deposits may have the potential to support an industry, as large as Western Australia?s Darling Ranges? deposits which produce 14% of the world?s alumina.Ord River Resources and China Non-Ferrous Metal Industry?s Foreign Engineering & Construction Co. Ltd (NFC) are looking to IPO their Lao Bauxite/Alumina Project, which could rank it second to Alumina Ltd (ASX: AWC) in size in Australia.

    Development's

    ORD/LAOS/SARCO IPO

    At the beginning of May we announced Sino Australian Resources Co. Ltd.(SARCO), which is owned 49% by ORD, and 51% by China Non-Ferrous Metal Industry?s Foreign Engineering & Construction Co. Ltd. (NFC) appointed Royal
    Bank of Canada to explore a listing of SARCO on the ASX. SARCO also appointed Ernst & Young, Allen Arthur Robinson, SRK Consulting and Purple Communications as advisors.

    SARCO aims to raise A$180-200million new equity
    as part of the US$600million refinery project in Laos. Preparation work is now underway.

    In May SARCO received a Letter of Proposal from China Minsheng Banking Corporation (CMBC) in relation to CMBC proposing to provide 70% debt financing for the construction of the refinery.

    In June SARCO and NFC entered into a MoU for a US$600million fixed price and fixed term EPC contract for the construction of the refinery.

    08 August 002011entered into a second Memorandum of Understanding (?MoU?) for a 20 year Alumina off-take agreement for sale of alumina from Laos.

    On 20 April 2011 we announced SRK Consulting started preparing a new JORC Resource Statements for SARCO.

    Updates from SRK were very encouraging. A detailed (JORC)update will be made available in the current quarter.

    Suplejack/ West Wyalong Gold Projects

    The Suplejack Gold Project in the Tanami region of the Northern Territory, Australia includes numerous gold prospects located approximately 30 km north of Tanami Gold
    NL?s Groundrush Mine, 10 km North of ABM Resources Hyperion Gold Project Gold.
    Mineralisation located throughout the Tanami region is associated with faulted and sheared hinge zones within tightly and complexly folded sediments and volcanic rocks.
    The Tanami region has a gold endowment of past production and current resources of more than 11 million ounces. It hosts the world-class Callie deposit and several smaller
    0.5-1.0 million ounce deposits including Tanami Gold's operations

    West Wyalong, Lachlan Fold Belt, New South Wales, Australia
    The Lachlan Fold Belt (LFB) within central New South Wales is host to numerous,profitable gold mines including the World-Class Cadia Gold Mine, North Parkes Copper-Gold Mine, and Lake Cowal Gold Mine. The Cobar field in central NSW is also a significant gold producer

    Development's...

    ORD geologist staff visited Suplejack in NT and West Wyalong in NSW in the quarter as part of the overall exploration and drilling program. ORD has subsequently engaged the services of Geos Mining Mineral Consultants to assist with exploration and drilling programs for both projects.

    We expect to finalise drilling program for Suplejack in the current quarter.

    Exploration activities are focussed on the delineation of economic gold resources within Exploration Licence SEL 26483 (in excess of 330 sq. km.), (100% ORD) located
    in the Tanami Goldfield of the Northern Territory.

    Supplejack..Preparatory exploration work has commenced with rock chip sampling and mapping undertaken during the quarter.
    We collected 35 rock chips along the gold prospective Five Mile, PhD and PhD North trend on the western portion of the license area. These rock chip samples have been
    submitted for gold and multi-element analysis with results expected in the coming weeks.
    Follow-up visits started in June will prepare for ORD drilling operations in 2011.

    West Wyalong..Exploration activities are designed to locate intrusive related gold (IRG) in an area north of the historic West Wyalong Gold Field and south of the Cowal Gold Mine (Operated by Barrick Gold). Exploration Licence EL 7400 (100% ORD) covers in excess of 210 sq. km and includes the historical Hiawatha Goldfield.

    Field assessment,landholder negotiations and
    preparation for grid based soil sampling was undertaken during the quarter It is envisaged that rock chip sampling of any prospective rocks will also be conducted as part of the visit.
    .
    Copper Flats Copper Project?s

    ORD tenements at Copper Flats encompass a portion of the Hardman Syncline within the Ord Basin, which is host to numerous copper occurrences at surface that appear to be concentrated within a porous sandstone beneath an impervious limestone. These occurrences also include ?sand volcanos? and mineralised fault zones, which locally contain secondary copper minerals close to the surface. Previous shallow drilling by ORD has intersected copper in the weathered portions of the prospective structures with and typical results including 7m @ 1.53% Cu (incl. 2m @ 3.29% Cu) in Hole CF07RC028 and 8m @ 1.65% Cu (incl. 1m @ 5.06% Cu) in hole CF07RC005. These results are encouraging.
    However, no economic mineralisation has been discovered within shallow,outcropping portions of the project.

    Development's....

    30 November 2010 Ord and GRAM announced that they had signed a binding heads of agreement to establish a joint venture company in Australia to focus on exploration and
    mining investments in Australia and Asia Pacific.GRAM will initially contribute A$5million in cash to JV Co immediately upon establishment of JV Co.
    The A$5million contribution will be used exclusively for Copper Flats Copper Project. GRAM agrees to make further contributions to JV Co to invest in Copper Flats Copper,Project to increase GRAM?s total cash contribution to A$10.8million.

    The establishment of the JV Co is a significant step forward in developing Copper Flats Copper Project.

    However, it is expected that more projects will follow

    14th March 2011 ? The Australian Foreign Investment Review Board has approved a US$10.6 million investment by China?s Guangdong Rising Asset Management (GRAM) into a joint venture company (JV Co) with Australian Ord River Resources (ORD).
    As soon as Chinese regulatory approvals are granted, GRAM and ORD will proceed to establish the JV Co.

    CNMIM
    Aug 27, 2009 Ord River Resources Limited advises that it has signed a Subscription Agreement named "Equity Line Facility" ("the Facility") with China Non-Ferrous Metals International Mining Co. Ltd ("CNMIM") for A$10 million over the next three years. Under the Facility, CNMIM shall subscribe for up to A$10 million over the next three years when required by ORD and upon mutual agreement. The funds will be used to fund projects, acquisition and general working capital.CNMIM is currently ORD's largest shareholder and one of the largest mining companies in China and in the world.

    Note: to date the funds from this Equity Line(Facility) are still available to ORD in the full amount as per subscription.
 
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