29th Jan 2014 16:14
LONDON (Alliance News) - Regency Mines PLC said Wednesday that geo-chemical sampling work at the Fraser Range project in Western Australia, in which it has a 20% stake, had identified five areas as high-priority anomalies.
Ram Resources Ltd undertook the sampling work of the five areas, and will follow up these results with ground elecro-magnetic work and drilling. Regency has a 19.9% interest in Ram.
Shares in Regency were trading up 12.3% at 0.410 pence Wednesday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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