Australian Mines (ASX:AUZ) is on the hunt for the next Degrussa deposit and recently intersected a thick zone of anomalous copper and zinc mineralisation at the Burton prospect in the Doolgunna-Marymia region.
Burton is located 60 kilometres northeast, and along strike of the DeGrussa Copper Mine.
The Doolgunna-Marymia region is emerging as one of the hottest exploration post codes in Australia.
Australian Mines has now been granted a trading halt by the ASX, pending details of a capital raising.
The halt will remain in place until the opening of trade on Friday 10th July 2015, or earlier if an announcement is made to the market.
News: Australian Mines sets sail for raising
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| Open | High | Low | Value | Volume |
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