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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Polo Resources Limited | LSE:POL | London | Ordinary Share | VGG6844A1158 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.57 | 1.15 | 1.99 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPOL
RNS Number : 8487M
Polo Resources Limited
18 October 2016
18 October 2016
Polo Resources Limited
("Polo" or the "Company")
BLACKHAM RESOURCES LIMITED - INVESTMENT UPDATE
MATILDA FIRST GOLD POUR
Polo Resources Limited (AIM: POL), the natural resources investment company with interests in oil, gold, coal, copper, phosphate, iron and vanadium, is pleased to announce that its investee company, Blackham Resources Limited ("Blackham") ("ASX: BLK") has completed its first gold pour at its 5.1Moz Matilda Gold Project.
Having successfully completed the refurbishment and commissioning of Stage 1 of the Wiluna Gold Plant and achieved gold production, Blackham is now fast tracking the Stage 2 Wiluna Gold Plant expansion study aimed at increasing production from some 100kozpa to 175-230kozpa.
The full details of Blackham's announcement can be found at: http://blackhamresources.com.au/documents/matilda-first-gold-pour/.
This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.
For further information, please contact:
Polo Resources Limited Kudzayi Denenga, Investor Relations + 27 (0) 787 312 919 ZAI Corporate Finance Ltd (nominated adviser) Ray Zimmerman, John Treacy +44 (0) 20 7060 2220 Liberum Capital (broker) Henry Freeman +44 (0) 20 3100 2000 Blytheweigh (public relations) Tim Blythe, Nick Elwes, Camilla Horsfall +44 (0) 207 138 3204
About the Company
Polo Resources Limited is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For further details on Polo, please refer to: www.poloresources.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
October 18, 2016 07:31 ET (11:31 GMT)
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