latest news...
November 17, 2008
Reed presenting in Perth this weekend at Burswood
Reed Resources will be presenting at the AMEC "Investing in Mining Stocks Investor Day" in the Botanical Rooms at the Burswood Convention Centre this Saturday, November 22, at 9am.
Attendees can register for free online by visiting this link.
November 6, 2008
Drilling confirms additional 5km of strike length at Barrambie
Latest assay results have confirmed continuation of the vanadiferous magnetite layers over a strike length of 5.4km to the north of the existing Mineral Resource at the Barrambie Vanadium Project.
The high-grade intercepts include 60 intercepts of 3 metres or more (down hole) with a grade in excess of 1.00% V2O5. This includes one exceptional intercept of 17 metres of 1.43% V2O5.
The average grade of all high-grade intercepts received to date (i.e. 494 assays greater than 0.5% V2O5) is 0.78% V2O5, 14.9% TiO2 and 32.0% Fe at a minimum grade of 0.5% V2O5, which has been used as the cut-off grade for Mineral Resource estimates.
All of the mineralisation is amenable to low-cost open pit mining and beneficiation.
A revised Mineral Resource estimate is scheduled for completion in December 2008.
October 31, 2008
Quarterly Actvities Report
Barrambie (vanadium)
- Completion of northern extension and infill drilling adds an extra 6km strike length of magnetite mineralisation.
- Strategic acquisition of Exploration Licence applications, which encompass the Barrambie Project, will enhance fast tracking development of the vanadium deposit
Comet Vale (gold)
- Record ore production from underground during the quarter totalled 7,710 tonnes at an estimated grade of 9.5g/t Au.
- Completion of an infill and extension RC/diamond drilling program (6,746 metres) has confirmed the narrow, high-grade ‘nuggety’ style of gold mineralisation at Comet Vale, including intersections of 0.42m @ 50.9g/t Au and 0.51m @ 73.6g/t Au.
Mt Finnerty (iron)
- Completion of a RAB drilling program to test for secondary iron enrichment in palaeochannels. Assay results are awaited.
Mt Finnerty (nickel)
- Completion of RAB drilling program (225 drill holes) to test the key basal ultramafic contact and initial testing of other areas of ultramafic rocks. Assay results are awaited.
October 27, 2008
Annual Report 2008
October 24, 2008
Notice of Annual General Meeting
Reed Resources' AGM will be held at 3pm on Tuesday November 25, 2008 at Level 1, 104 Marine Pde, Cottesloe, Western Australia.
October 24, 2008
Gold Exploration Success at Comet Vale
Reed has successfully completed a near-mine exploration drilling programme at Comet Vale with several high grade quartz lode intersections in excess of 10g/t Au being intercepted. These include:
- 0.51m @ 73.6g/t Au from 338m in JDV028
- 0.42m @ 50.9g/t Au from 391m in JDV014
- 6.18m @ 11.1g/t Au from 173m in JDV022
- 1m @ 15g/t Au from 14m in JVC067
- 0.84m @ 13.6g/t Au from 133m in JDV019
- 1m @ 10.6g/t Au from 119m in JDV0.23
- 0.59m @ 10.6g/t Au from 309m in JDV029
October 15, 2008
Director Buys More Stock On-Market
October 13, 2008
Director Buys More Stock On-Market
October 7, 2008
Record Quarterly Gold Production
Record quarterly gold production of approx. 4,300oz was produced from the Sand Queen gold mine in the September Quarter from approx. 12,000t of ore grading 11.1g/t.
In addition, a resource extension drilling programme was completed.
Financial and assay results are expected to be available near the end of the month.
October 1, 2008

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