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NTM Gold to lift funds following bonanza gold

The halt will remain in place until Tuesday 16th January 2018.

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The company's shares are in pre-open

NTM Gold (ASX:NTM) has interests in Western Australia’s Eastern Goldfields, and recently revealed a drill intercept of 5 metres at 31.4g/t gold from 40 metres at its wholly-owned Redcliffe Gold Project.

Recent drilling aimed at extending the three high-grade lodes below and south of the historical pit.

To advance the next steps NTM is heading to market with a capital raising, and the ASX has granted a trading halt to prepare.

The halt will remain in place until the opening of trade on Tuesday 16th January 2018, or earlier if an announcement is made to the market.

Quick facts: NTM Gold Ltd

Price: 0.057 AUD

ASX:NTM
Market: ASX
Market Cap: $33.67 m
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