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Dark Horse Resources to gallop onto the ASX

Dark Horse Resources to gallop onto the ASX

Dark Horse Resources (ASX:DHR) is the new name for Navaho Gold (ASX:NVG) following shareholder approval, with the newly named company to resume trading on the ASX on Thursday 17th December 2015.

The company acquired Excarb Pty Ltd late last year in a scrip deal, and now has ownership of, or the right to progress, several prospective coal projects in Argentina.

The potential for significant tonnages of thermal and coking coal in mining friendly environments in San Juan and Rio Negro provinces has been identified.

Dark Horse added that there is likely future exploitation of the NavGas tenements in South Australia and Queensland, which adds diversification to its portfolio.

 

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