Explaurum gets drilling cash, market awaits feasibility results

WITH feasibility results imminent, potential gold developer Explaurum has raised A$8 million to continue work at the Tampia gold project in Western Australia, including 22,000m of exploration RC drilling between now and mid-2018.

Explaurum gets drilling cash, market awaits feasibility results Explaurum gets drilling cash, market awaits feasibility results Explaurum gets drilling cash, market awaits feasibility results Explaurum gets drilling cash, market awaits feasibility results Explaurum gets drilling cash, market awaits feasibility results

The shares are being issued at a price of 10.5c each, the same price as used in Explaurum’s $4.5 million raising last July.

Explaurum started 2018 with $1.2 million in cash.