DDD.ASX this one is show some interest in the Market.
3D Resources Limited (3D Resources) is a minerals explorer targeting high value commodities (gold, copper, lead, zinc and nickel) in WA and is evaluating “advanced mineral projects" that can transform the company into a mineral producer. The Company's WA projects are in the Proterozoic of the East Kimberley, and the Archaean Cosmo Newbery area, in the Eastern Goldfields. Resent News
3D Resources (ASX:DDD) increased resources at its Adelong Goldfield in NSW, by 42 per cent to 180,600oz.
This follows the delivery of a maiden resource for the Caledonian, Donkey Hill and Currajong East deposits.
3D says all deposits remain open at depth and most along strike, which offers the potential for exploration to further expand resources.
The company notes that further historical data is under review and that modelling work has provided a clearer view to target extensions and further resource upgrades.
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HIGHLIGHTS
Company to seek shareholder approval to IPO Cosmo Newbery gold project Mandate executed to manage and underwrite proposed Cosmo IPO Proposed IPO to raise circa $4.5 million Proposed in specie distribution of Cosmo shares to existing shareholders
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Highlights
DDD receives firm commitments to raise $1,225,000 Placement strongly supported Company to accelerate exploration activities at the Adelong Goldfield including:
Expansion of the current maiden drilling program Metallurgical testing Plant design work Completion of preliminary economic modelling
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