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Millennium Minerals targets cash injection

Millennium Minerals targets cash injection

Gold-producer Millennium Minerals (ASX:MOY) is preparing to reveal details of a material capital raising, with the ASX granting the company a trading halt to do so.

The company's flagship Nullagine Gold Project is located 185 kilometres north of Newman in Western Australia's Pilbara region.

2015 production guidance is 80,000 oz-83,000 oz at AISC of $1200/oz-$1250/oz.

The halt will remain in place until the opening of trade on Wednesday 14th October 2015, or earlier if an announcement is made to the market.

 

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Millennium Minerals Timeline

Newswire
December 31 2014

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