NEWS IN BRIEF — Normabec in Chile

With mapping and geophysical surveying under way at its Laguna del Alto gold-copper property in Chile, Normabec Mining Resources (NMB-M) is beginning to prepare for drilling.

To fund the work, Normabec has completed a private placement at $1.10 per share, for proceeds of $1 million. A portion of this will be used to evaluate several Argentine properties.

More than 3.5 million tonnes grading 1.93 grams gold per tonne have been defined at Laguna del Alto. Copper grades in surface samples vary from 0.57% to 1.38%.

Print

Be the first to comment on "NEWS IN BRIEF — Normabec in Chile"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close