Enterprise Metals (ASX:ENT) has been granted an ASX trading halt in relation to a partial sale and joint venture agreement over one of its exploration projects.
The halt will last until the earlier of the announcement being made or the commencement of trade on Friday, 13th February 2015.
The company is currently assessing Fixed Loop EM targets at its Fraser Range Nickel-Copper Project in Western Australia for follow-up EM and aircore or reverse circulation drilling.
In addition, pyrites from the western margin of the Borg prospect at its Doolgunna Copper-Zinc Project have been analysed by advanced laser ablation technology to reveal characteristics of a high potential gold source rock that can be used as a sedimentary marker to define gold-copper targets.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.
News: Enterprise Metals reaching sale and joint venture agreement
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