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Ausgold raises A$1.1M to accelerate exploration at Katanning gold project
Industry Top Trends 2021: Metals and Mining
Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019
Essential Metals & Mining Insights - September 2020
Essential Metals & Mining Insights - August 2020
AusgoldLtd. said July 18 that it completed a placement to raise A$1.1million to accelerate exploration and resource development at the gold project inWestern Australia.
Under the placement, 21 million shares will be issued at 5cents each.
The company will start a maiden reverse circulation drillingprogram at the Datatine prospect to follow up on a recent discovery and toexpand known mineralization.
Funds will be also be used for surveys at Katanning toidentify new drill targets.