GDR goldstar resources nl

1337 [Dow Jones] Goldstar (GDR.AU) up 1.5 cents, or 10%, at...

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    1337 [Dow Jones] Goldstar (GDR.AU) up 1.5 cents, or 10%, at 16.5 cents after announcing
    A$4.8 million capital raising to speed up drilling, sampling, trial mining at Walhalla
    gold project. Kingsgate (KCN.AU) in for A$2.4 million to become largest shareholder with
    close to 20%, thereby putting its foot on Victorian gold hopeful. Lomond discovery at
    Walhalla defined 3.1 million tons so far, with potential for at least 700,000 oz gold.
 
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