Placement to advance drilling at Bendigo-Ophir Project
Filed with ASX · · 1 page · English
Summary by 6ix AI
Santana Minerals Ltd. has announced a placement to raise funds for drilling at the Bendigo-Ophir Project, with commitments received for a significant amount through the issuance of shares. The company plans to accept oversubscriptions, pending shareholder approval, to enhance its exploration efforts following recent successful drilling results. The placement will occur in two tranches, with the first tranche utilizing existing placement capacity and the second requiring shareholder consent.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Santana Minerals
- Strong Mineralisation Intercepts Continue at Bendigo-Ophir
- 2 Million Ounce Global Inferred Gold Resource Platform
- Rise & Shine Mineralisation Expands North
- Rise & Shine and Come-in-Time Extension Drilling Results
- Rise & Shine Mineralisation Extends and Metallurgy Update
Later from Santana Minerals
- Jewellery Box Drillhole Delivers Exceptional Gold Intercept
- MDD054 Jewellery Box Re-Assays to 1400 g/t Gold
- New Gold Intercepts Exceed Previous Grades and Thicknesses
- Multi Gold Intercepts Beyond All Resource Halos
- RAS Continues to Deliver Strong Gold Grades
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