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Share Name | Share Symbol | Market | Type |
---|---|---|---|
China Power International Development Ltd | TG:HPD | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.446 | 0.438 | 0.452 | 0.452 | 0.452 | 0.452 | 4,250 | 22:50:08 |
RNS Number:5173J HPD Exploration PLC 02 April 2003 HPD Exploration Plc ("HPD") HPD New Zealand Limited acquires exploration properties HPD is pleased to announce that its wholly owned subsidiary, HPD New Zealand Limited, has been granted 4 Prospecting permits and 3 Exploration permits covering a total of 1,786km2 in the highly prospective Otago area of the South Island adjacent to and to the west of the GRD Macracs mine, New Zealand's premier gold producer. Those properties were selected following a review by HPD management assisted by mining consultants, Kenex Knowledge Systems Limited of New Zealand. Historical production has been recorded on several of these properties including the Macetown Field which produced 1.28 tonnes of gold. Field reconnaissance is about to commence on these properties in order to define drill targets. Further permits are currently under application in the Hauraki area (876km2) of the North Island in the vicinity of Newmont Mining's Waihi gold mine, and in the Marlborough area on the South Island (1,010km2). Bill Humphries, Managing Director, said today that "New Zealand represents a significant strategic opportunity for HPD that compliments our existing interests in Patagonia and Canada. As is the case with Patagonia, only limited hard-rock gold exploration has previously taken place in New Zealand despite the existence of highly prospective geology. HPD management will make full use of its experience of epithermal and mesothermal gold mincralization to undertake a comprehensive exploration programme over the next 12 months." For more information please contact Richard Prickett/Bill Humphries Leesa Peters/Cindy Dennis HPD Exploration Plc Capital PR Tel: +44 (0) 20 7409 7444 Tel: +44 (0)20 7618 7889 Mobile: +44 (0)781 215 9885 This information is provided by RNS The company news service from the London Stock Exchange END ACQIBMRTMMJMBMJ
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