iron, base metal and gold exploration company focusing on projects in Western Australia.
Mcap ~ $25m
SIR nearology play with plenty going on in the near term
As at 5/3/13
BUX has confirmed several bedrock conductors as part of an EM survey which was at that stage 80% complete
Geophysical assessment and modeling is underway, once completed the Company plans to immediately drill all significant targets ASAP. Heritage and access issues have been addressed. Upon completion of the survey and assessment full details will be provided.
As @ 12/3/13
Buxton Resources Limited (ASX: BUX & BUXO) is pleased to announce that it has raised $2,300,000 before costs, by way of a placement of 5,000,000 shares at $0.46 per share.
Funds raised from the placement will be used to facilitate exploration programs at Widowmaker Nickel Copper Project and Yalbra Graphite Project and provide working capital.
