Sign up Australia
Proactive Investors - Run By Investors For Investors

Egan Street Resources lifting funds for one of Australia's highest grade gold projects

The halt will remain in place until Friday 15th September 2017.
A map of Australia
The company's shares are in pre-open

Egan Street Resources Ltd (ASX:EGR) floated this time last year at $0.20, and the last traded price of $0.275 provides a 38% premium.

The company is developing the wholly-owned Rothsay Gold Project, which is located on granted mining leases in Western Australia.

The project has a rich history of high-grade gold production, and hosts a resource of: 701,000 tonnes at 11.6g/t gold for 262,000 gold ounces.

A Definitive Feasibility Study is targeted for the March quarter 2018.

The halt will remain in place until the opening of trade on Friday 15th September 2017, or earlier if an announcement is made to the market.

Register here to be notified of future EGA Company articles
View full EGA profile View Profile

Egan Street Resources Timeline

Related Articles

picture of oilfield
July 01 2017
Svetlana Mendesh, Chief Financial Officer, said 2016 results were in line with its projections and local market trends.
picture of electric car refuelling
January 26 2017
Enertopia believes the tech it is testing can 'dramatically' alter the current footprint in the lithium industry
Online shopping
January 23 2017
The referral marketing software provider has been rolling out its Refer-a-Friend platform to a number of new customers over the past few months.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use