HIGHLIGHTS
- Gold explorer Commissioners Gold (ASX:CGU) listed on the Australian Securities Exchange on 2nd September after successful completion of it’s IPO having raised $2,540,000.
- Commissioners commences (and now completed) it’s maiden 1,000 metre diamond drilling program at the Cowarra Gold Project.
- All four drill holes intersected mineralisation. The drilling program at Cowarra is targeting the Victoria and Ambassador Lodes. Assay results expected in November 2011. Current JORC inferred resource is 37,000 oz gold.
- Drill ready targets have been identified at Dalton. RC drilling planned to commence in the December quarter to target shear zones beneath the historical gold workings.
- Site visit and review of data completed at the Corang and Mongarlowe gold project to define exploration targets.
- Ongoing assessment of projects by acquisition or joint venture to create value for shareholders.
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