The trading halt will be in place until Tuesday March 17 or when an announcement is made to market, whichever occurs earliest.
() shares have been halted ahead of an announcement regarding the completion of the pre-feasibility study (PFS) on the Bardoc Gold Project in Western Australia.
The trading halt will remain in place until the beginning of trade on Tuesday March 17 or when an announcement is made to market, whichever occurs earliest.
Drilling results underpin resource growth
Recently, the company discovered new exploration targets with the potential for a resource upgrade at the Mayday North deposit within the wider Bardoc Gold Project in February 2020.
Drilling confirmed the potential for Mayday North to become a satellite deposit following results such as 12 metres at 2.45 g/t gold from 125 metres, including 4 metres at 3.98 g/t from 126 metres received.
Chief executive officer Robert Ryan said: “This is an exciting development given that it is our first serious drilling campaign since acquiring the Mayday North Project last year.”
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