Does anybody know much about this company?
I tried asking about this earlier this morning but didn't get a response.
Someone has suggested to me over the weekend it is worth keeping an eye on.
Can anybody else tell me more about the company?
All I can find is this latest announcement from the ASX website:
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New Gold Projects - Yilgarn Western Australia
Document date: Tue 14 May 2002 Published: Tue 14 May 2002 14:40:18
Document No: 216209 Document part: A
Market Flag: Y
Classification: Asset Acquisition , Progress Report
ANGLO AUSTRALIAN RESOURCES NL 2002-05-14 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
Following the Company's recent announcement that Anglo Australian
Resources NL (AAR) would focus on new gold exploration activities in
the Yilgarn Province of Western Australia, AAR now announces that it
has submitted tenement applications for two separate areas located on
the highly prospective Big Bell shear which host the plus one million
ounce Big Bell deposit, namely:
BARLOWEERIE
This application for one exploration licence of 98sq km, located 50km
west of Meekatharra and 70km north north east of Big Bell, covers
approximately 33 km of the extension of the Big Bell shear (Refer
attached Diagram).
DALGARANGA
Applications have been lodged for one exploration licence and six
prospecting licences covering 105 sq km of the Dalgaranga greenstone
belt. This project is located 60 km north west of Mt Magnet and 60 km
south west of Big Bell. The applications also cover the northern and
southern strike extensions of the structure that hosts the Gibleys
(Dalgaranga) gold deposit. Until recently, Gibleys (Dalgaranga) was
successfully mined by the Equigold NL / WRF Securities Ltd joint
venture (Refer attached Diagram).
AAR plans immediate field work following further review of previous
exploration date.
J L C Jones
CHAIRMAN
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Can anybody else tell me more about the company?
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