01 JUNE 2015www.proactiveinvestors.com.au
Metro Mining to reveal resource and reserve upgrade
Edited by : AL CIRCLE
1 min read
Metro Mining is focussed on the Bauxite Hills Project which is located in the world renowned bauxite province of Cape York, in Queensland, Australia.
At the project pre-development and approvals have commenced, with a Pre-Feasibility Study completed. Production is on schedule for Q3 2016.
The company is well-funded with A$4.6 Million in cash at the end of March 2015.
The company has been granted trading halt by the ASX on June 1 morning, with the reason 'pending a resource and reserve upgrade'.
The halt will last until the opening of trade on Wednesday 3rd June 2015, or earlier if an announcement is made to the market.
At the project pre-development and approvals have commenced, with a Pre-Feasibility Study completed. Production is on schedule for Q3 2016.
The company is well-funded with A$4.6 Million in cash at the end of March 2015.
The company has been granted trading halt by the ASX on June 1 morning, with the reason 'pending a resource and reserve upgrade'.
The halt will last until the opening of trade on Wednesday 3rd June 2015, or earlier if an announcement is made to the market.
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