October 28, 2009 Monaro Mining announced that the company has sold a 75% interest in the Kyrgyz Republic projects to Gate Bridge Company Limited, a Hong Kong based company. Under the terms of a Heads of Agreement, the Company will retain a free-carried 25% interest in the projects until such time as Gate Bridge generates a Pre-Feasibility study on any one of the licence areas covered by the agreement.
June 30, 2008 Reported drilling results. Hole ARDD003 intersected 3m @ 0.06% U308 from 98m. Also reported that further work included infill geophysics survey which consisted of ground magnetometry, radiometry and resistivity. This data revealed structures parallel to the Aramsu fracture zone, and remain to be tested. Part of the underground workings at Level 1 was successfully re-opened and will be mapped in detail as part of the ongoing program
September 30, 2007 Diamond drilling programs were completed during the last Quarter. Assay data for the Aramsu Uranium prospect is awaited. The entrances to several adits on the Aramsu deposit were cleared, paving
the way for their safe rehabilitation and eventual mapping and sampling.