CAPITAL MARKETS

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.

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

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. While early days, Anglo's Mandilla "discovery" is seen as a potential...

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