CAPITAL MARKETS

Awati poised to release prospectus

DRILLING services firm Ausdrill is one of the main backers of Perth-based junior Awati Resources, run by former executives of WMC Resources and Glencore, which is seeking to funds to explore the overlooked Albert goldfield in north-western New South Wales.

 The Albert gold field.

The Albert gold field.

Awati was founded by Noel Archer and Jens Balkau. Archer is credited with discovery of the Harlequin gold mine and the Gladstone gold complex in Western Australia, while Balkau is credited with opening...

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