Resource round-up: Caspian Holdings, Aminex, Continental Coal

Also includes: Namakwa Diamonds, Horizonte Minerals

Caspian Holdings reported good progress on its drilling programme at La Parrilla, located in southwest Spain. La Parrilla, a former producing open pit mine, closed in the 1980s. But the firm said its latest assay results showed strong indications of continuity of high grades through the western extension area of the site. "Significant mineralisation can be seen in all holes drilled to date," the firm said. "Initial indications suggest strong correlation of mineralised zones between holes." The firm's shares rose 8.6% following the news.

East African exploration firm Aminex hailed an exciting beginning to 2012 and said the rest of the year was expected to be similarly active. This came off the back of a new African gas discovery, divestiture of non-African assets and a robust investment programme targeted on the firm's Tanzanian properties. However, the company failed to give any financial performance figures in its first quarter update.

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