- Diamond drill on site and drilling operations under way, targeting high-grade outcropping
gold mineralisation
- Additional holes to target a separate geophysical anomaly, south of the outcropping
mineralisation, to follow
- Approval for up to 5 five holes has been granted by the Bureau of Land Management
- At completion of drilling program at Lambarson Canyon, drilling operations will shift south to commence drilling at the Douglas Canyon Project
- The Company have raised $2,200,000 with issue price of $0.021 which represents 31%
premium to the Company’s 10-day VWAP.
"Purpose of Capital Raising
The funds raised from the Placement will be used to complete drilling at Lambarson Canyon, Douglas
Canyon, Nevada and general exploration work for the Crown Project in the Julimar District."
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