The trading halt will remain in place until the start of regular trading on Wednesday, July 8, or when an announcement is released to the market, whichever occurs earliest.
Shares last traded at 9 cents and have doubled from the close on March 24 on the back of strong newsflow.
High-grade gold at Aphrodite
Bardoc Gold’s recent diamond core drilling at the Aphrodite deposit of its Bardoc Gold Project north of Kalgoorlie in WA intersected further broad zones of gold mineralisation outside the current ore reserves.
Aphrodite has two main lodes, Phi Lode and Alpha Lode, with results from a two-hole diamond drill program confirming high-grade extensions at the Alpha Lode.
Best results were 15.1 metres at 6.58 g/t from 418.1 metres including 5.3 metres at 15.86 g/t from 418.1 metres, and 6.7 metres at 3.01 g/t from 402 metres.
The Aphrodite deposit has total ore reserves of 500,000 ounces, comprising open pit reserves of 2.83 million tonnes at 2.3 g/t for 210,000 ounces and underground reserves of 2.38 million tonnes at 3.7 g/t for 290,000 ounces.