Kalamazoo Resources Ltd (ASX:KZR) has exited a trading halt with a bang this morning, with its shares jumping 121% to $0.155 with four million changing hands.
The company has entered into an option to acquire between 80% and 100% equity in three Pilbara gold projects covering 252 square kilometres.
The tenements are highly prospective for gold and located in proximity to the gold projects of Novo Resources (TSX.V:NVO) / Artemis (ASX:ARV), De Grey Mining (ASXEG), Venturex Resources (ASX:VXR), Impact Minerals (ASX:IPT), DGO Gold (ASX
The first exploration steps will be closely watched by investors.
Company Name Code Last Change Volume 1 Kalamazoo Resources Ltd KZR $0.155 121.43% 3,848,585 2 Magnum Gas & Power Ltd MPE $0.002 100% 25,980,575 3 Winmar Resources Ltd WFE $0.002 100% 10,500,000 4 County International Ltd CCJ $0.009 28.57% 605,000 5 Inca Minerals Ltd ICG $0.009 28.57% 38,152,679 6 Jacka Resources Ltd JKA $0.005 25% 500,000 7 Eve Investments Ltd EVE $0.005 25% 1,929,909 8 Authorised Investment Fund Ltd AIY $0.010 25% 100,000 9 Mount Ridley Mines Ltd MRD $0.011 22.22% 10,956,548 10 Comet Resources Ltd CRL $0.062 21.57 10,000
Ann: Landholding secured with high-grade gold exploration targets, page-160
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