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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ggg Resources | LSE:GGG | London | Ordinary Share | GB00B4KDJB03 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.875 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGGG
RNS Number : 0498P
GGG Resources PLC
28 September 2011
GGG Resources plc ("GGG") and Auzex Resources Limited ("Auzex")
Bullabulling - Additional Prospecting Licences
GGG Resources plc and joint venture partner Auzex Resources Limited are pleased to announce that they have applied for additional Prospecting Licence areas (Licences number P 15/5661-4 and P15/5669) covering 8.0 km(2) , to extend the borders next to the key prospective areas to the south of the main mineralised zone ("Bullabulling Trend").
The two companies, who are in the process of merging to become Bullabulling Gold Limited, are adding licence areas adjacent to their existing properties because this will both add operational efficiencies, and could also lead to an increase in the size of the overall resource, if the results of forthcoming exploratory drilling show the same characteristics as the rest of the Bullabulling Trend.
The Joint Venture now has a total of 131 km(2) in tenements held in various Mining Permits, Miscellaneous Licences, Prospecting Licences and applications (see attached figure).
In addition the Joint Venture also holds the Pastoral Lease underlying the tenements.
The latest map of tenement (showing the areas referred to in this announcement) appears in the version of this release available on GGG's website.
Further information, please contact:
Dr. Jeffrey Malaihollo David McArthur MD, GGG Resources plc (UK) GGG Resources plc (Australia) Tel: + 44 1992 531820 BBG Management Pty Ltd www.gggresources.com 41 Stirling Highway Nedlands, WA 6009, Australia Tel: + 61 8 9423 3200 ----------------------------- ------------------------------- Westhouse Securities Limited Collins Stewart Europe Limited (UK Nominated Adviser) (Broker) Tom Price / Martin Davison John Prior / Adam Miller Tel: + 44 20 7601 6100 Tel: + 44 20 7523 8350 ----------------------------- ------------------------------- Neil Boom David Brook MD, Gresham PR Ltd (UK). Professional Public Relations Tel: + 44 7866 805 108 (Australia media) neil.boom@greshampr.co.uk T: + 61 8 9388 0944/ +61 433 112 936 E: david.brook @ppr.com.au ----------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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