viewIronRidge Resources Ltd

IronRidge CEO Vincent Mascolo welcomes £4.75mln raise as it goes 'full steam ahead' in Côte d'Ivoire

IronRidge Resources Ltd's (LON:IRR) Vincent Mascolo speaks to Proactive London's Andrew Scott after raising £4.75mln through a share placing, with the funds earmarked for an accelerated drill programme at the Zaranou gold project in Côte d'Ivoire.

He says the cash will pay for a phased drill programme - a 9,000 metre programme is already underway - and it will be followed by a more aggressive campaign of 30,000 metres.

Drilling will pave the way for a maiden mineral resource estimate for the project.

Quick facts: IronRidge Resources Ltd

Price: 13.65 GBX

Market: AIM
Market Cap: £56.21 m

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IronRidge Resources reports three significant discoveries in past three years

Proactive's mining analyst Ryan Long updates investors on IronRidge Resources' (LON:IRR) significant discoveries in the past three years. It is an AIM-listed exploration company, which has a portfolio of gold and lithium projects across Africa. Long points out the 'very good technical...

on 23/9/20

2 min read