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Big drilling campaign ahead after Anglo fundraising

Anglo Australian Resources is proposing circa-70,000m of drilling at its “significant gold discovery on the doorstep of Kalgoorlie” following a A$11-14 million fundraising.

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Lots of drilling planned by Anglo Australian Resources at Mandilla in Western Australia

The raising, involving a placement of $11 million and proposed $3 million share purchase plan, is issuing new shares priced at 17c each.