Yep with an MC of only $15M this can support a much greater sp already. once drilling begins watch out.. Then we have the next awaited PJ energy play..
Key highlights
Astro Resources NL (ASX:ARO) has reached agreement to acquire the majority interest in
the North Doolgunna Gold Project consisting of three (3) highly prospective exploration
leases (E52/2480, E52/2481 and E52/2482) covering a combined area of 139.4km2 .
The project is in close proximity to several existing and emerging gold deposits in the
dynamic Peak Hill Goldfield, including: the well established and world class Plutonic Gold
Mine (Barrick Gold); and the more recent Doolgunna gold‐copper discoveries by Sandfire
Resources; the Springfield gold‐copper project of Talisman Mining; the Hermes gold project
of Alchemy Resources and Montezuma Minings, Peak Hill gold project.
Limited historic exploration has previously focused on near surface mineralisation providing
significant potential for deeper obscured gold mineralisation in a region that historically has
been substantially under‐explored.
A robust work program focused on geochemistry, geophysics and drilling will be undertaken
to explore the potential for discoveries of a similar type and style to that found in the
adjacent areas. Advanced geochemical methods, not available to previous explorers, are
expected to assist in the definition of drill targets.
Historical works also indicate that additional potential exists for the discovery of iron ore
mineralisation.
Astro Resources Chairman, Mr Peter Jermyn said that the acquisition of the North Doolgunna
portfolio represents another key building block in the Companys strategy of identifying and securing
exciting mineral projects of significant size and value.
"We are extremely pleased to have secured the North Doolgunna Project which is strategically
located in the middle of one of the most exciting gold and gold‐copper environments in Western
Australia. The Peak Hill Goldfield hosts the Plutonic Gold Mine and the recent highly exciting
discoveries by Sandfires at their nearby Doolgunna project. The area has become a rapidly
expanding and dynamic region for poly‐metallic exploration, said Mr Jermyn.
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $14.84M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $1.336K | 47.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 162819 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 39885 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 162819 | 0.028 |
1 | 59639 | 0.027 |
1 | 200000 | 0.026 |
1 | 100000 | 0.021 |
1 | 150000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 39885 | 1 |
0.030 | 400000 | 1 |
0.032 | 15000 | 1 |
0.033 | 20000 | 1 |
0.038 | 35700 | 1 |
Last trade - 15.50pm 09/10/2024 (20 minute delay) ? |
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