** remember pdn, gbg, tyc...., page-3

** massive takeover premium Subject interesting t/o-drilling to commence
Posted 29/09/05 12:03 - 111 reads
Posted by dlux
Post #735674 - in reply to msg. #735158 - splitview

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.