logo-loader

Monax Mining has gold results on the table

Published: 10:32 02 Jan 2018 AEDT

1514849667_australia-on-atlas-globe-757
The company's shares are in pre-open

Monax Mining Ltd (ASX:MOX) has been granted a trading halt by the ASX this morning, pending its maiden drilling results from the Western Queen Gold Project in Western Australia.

Drilling covered five diamond holes at the Western Queen South mine testing the main zone below the existing pit.

A resource estimation is expected to be available for release by mid-February 2018.

Monax is earning a 60% interest in the Western Queen project by expenditure of $2 million over three years.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

6 hours, 44 minutes ago