Montezuma Mining Company (ASX:MZM) has been granted an ASX trading halt this morning pending exploration results from the company’s Yamarna Project.
Last month the company commenced maiden gold drilling at the wholly-owned Yamarna in Western Australia after receiving Aboriginal Heritage clearance.
The Yamarna Belt is geologically similar to the prolific Kalgoorlie Gold Belt and hosts Gold Road Resources’ (ASX:GOR) 5.6 million ounce Gruyere discovery.
Montezuma’s ground is adjacent to and located along strike from Gruyere. It contains multiple undrilled historical geochemical anomalies.
The halt will remain in place until the opening of trade on Tuesday 20th October 2015, or earlier if an announcement is made to the market.
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