Australian Mines (ASX:AUZ) flagship Marymia project is located 55 kilometres and along strike of Sandfire Resources (ASX:SFR) DeGrussa mine, and 40 kilometres east of the 5 million ounce Plutonic Gold Mine.
AUZ is now heading to market with a capital raising.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
At Marymia a strong 400 metre long EM conductor has been detected with potential for a massive sulphide body.
A maiden drill program of the conductor is commencing.
The projects geology is recognised as the northern continuation of the nickel-rich Eastern Goldfields province.
The halt will remain in place until the opening of trade on Wednesday 13th August 2014, or earlier if an announcement is made to the market.
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $17.99K | 1.648M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 40083651 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 15999 | 1 |
View Market Depth
| Last trade - 12.31pm 04/12/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |
