From their first first drilling program at the Salman Gold Project, located on the Ashanti Gold Belt in Ghana, West Africa...results were excellent. Recently they have announce that a new major drilling campaign will be starting in September over 22,000 metres...the program will drill test a number of newly defined zones covering an area of 3.6 kilometres.
They may also have found a further strike at the discovery of a new kimberlitic pipe within the Company's Nabberu Diamond Project?
Whatever it is the announcement of hand out to the boys of an Emplyee Option Scheme (3,825,000 options...exercisable for .45¢ on 31st January 2006) has if anything increase the demand and reached a new all time high.
Still tightly held and only 48,102,376 securities quoted on the ASX - including the new options.
An announcement must be due...as there are only 5 sellers left for 61.790 shares ranging between .59¢ and .75¢...
ADU Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held