Laconia Resources
Full Laconia Resources profile here
Laconia Resources (ASX: LCR) is a Perth-based gold and base metals exploration company. The Company has a portfolio of advanced gold and base metals projects in the Pilbara, the Murchison and Eastern Goldfields regions of Western Australia across 35 granted tenements covering approximately 955km2.
Laconia has a significant base metal ground position in the Pilbara including the Lennons Find Project. Lennons Find has a JORC Code Inferred Resource of 853,000 tonnes grading 7.7% Zn, 1.8% Pb, 0.7% Cu and 115g/t Ag.
Laconia Resources in pre-open for material acquisition announcement
Friday, November 25, 2011 by Christine Feary
Laconia Resources (ASX: LCR) has been granted a trading halt pending the release of an announcement relating to a material acquisition.
The company has given no indication of the nature or terms of this acquisition.
Laconia has had success in recent months, with high grade silver assays from two of the company’s Pilbara projects, the 701 Mile and Lennons Find base metals projects.
In addition, the company signed a joint venture agreement earlier this year with Chinese syndicate Sinoz Mining Investment Group for the exploration and development of the Mooletar Iron Ore Project.
Shares in Laconia will remain in trading halt session state until the earlier of the commencement of normal trading or when an announcement is released to the market.
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