Montezuma Mining (ASX:MZM) is readying to reveal more exploration results from its Yamarna gold project in Western Australia, with the ASX granting the company a trading halt to prepare.
Last month the company began a new deeper reverse circulation program targeting the project’s Jatz, Captains and Cruskit areas.
The program will follow up a shallow first-pass campaign which resulted in 11 holes hosting gold values greater than 0.1g/t gold, with individual assays up to 2.7g/t gold.
Drilling so far at Yamarna has indicated multiple types of granite and mafic and meta-sedimentary rocks with quartz veining.
The halt will remain in place until the opening of trade on Friday 4th December 2015, or earlier if an announcement is made to the market.
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