ADU 0.00% 71.5¢ adamus resources limited

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  1. 13,419 Posts.
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    interesting t/o-drilling to commence 1.5m oz here we come. Recent t/o of St Jude (next to ADU) would value ADU at about 3 to 4 times current price of 44c(moving around today)

    Adamus to recommence drilling at Southern Ashanti

    11:35, Thursday, 29 September 2005

    Sydney - Thursday - September 29: (RWE Aust Business News) -
    Adamus Resources Ltd (ASX:ADU) will recommence drilling at Southern
    Ashanti gold project, Ghana, in the first week of October.
    The program will target extensions to both the Salman and Anwia
    deposits as well as new zones including the Footwall lode and recently
    discovered Avrego prospect.
    The pending drill program follows two years of exploration which
    has so far yielded a resource base of 18mt at 2g/t for 1.2m ounces of
    gold.
    Adamus shares were up 4c at 47c.
 
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