Placement to Advance Drilling at Bendigo-Ophir Gold Project
Filed with ASX · · 1 page · English
Summary by 6ix AI
Santana Minerals Ltd. has announced a placement to raise funds for advancing drilling at the Bendigo-Ophir Gold Project. The company has received commitments to raise funds through the issuance of shares, with a portion allocated for general working capital. The funds will support ongoing drilling efforts that have increased inferred gold resources and identified high-grade mineralization. This announcement has been authorized for release by the Board of Santana Minerals Ltd.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Santana Minerals
- Quarterly Activities Report - 30 September 2021
- Quarterly Cashflow Report - 30 September 2021
- Further Wide Mineralised Drill Intercepts and Coarse Gold
- Bendigo-Ophir Gold Resources Increased 155% to 643k Oz
- Significant Gold Intercept at Rise and Shine Deposit
Later from Santana Minerals
- High-Grade Gold Mineralisation Extended in Drillhole MDD014
- Bonanza Gold Grades Beyond New Rise and Shine Resources
- Rise and Shine Gold Zones Extended as Drilling Accelerates
- Significant Gold Continuity in Rise & Shine Drilling
- Impressive Drill Assays and Metallurgical Testwork Results
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