The drill program is scheduled to be completed by late-September, at which time the Company will lease its drill rig to ASX listed Global Nickel for use at its neighbouring Mt Cornell and Mt Warren copper targets, whilst Ausgold awaits results of drilling assays. Ausgold and Global Nickel will split the mobilisation costs of the drill rig, with each company paying all costs associated with their own drilling.
I don't think we will hear anything till late Sep
GNI Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held