Further exploration drilling has begun at Copper Hill. To date 11 holes of a 19 hole program have been drilled and the results for six have been received. Samples from the remaining holes are with the laboratory in Orange awaiting processing. Just over 2,800m have been drilled of a 4,000m programe. Drilling continues and results will be announced as they come to hand.
For more information, see the Golden Cross Resources News Desk
Golden Cross Resources Ltd (ASX: GCR) announced to the ASX on 16 March 2010 a non renounceable entitlement offer of one fully paid new share for every two shares held by eligible shareholders at the record date of Wednesday 24 March 2010. The offer will allow eligible shareholders to acquire additional shares in the company at 1.8 cents per share, with one free 2011 option for every share subscribed. the offer price represents a discount of 11% to the weighted average price of the Company’s shares on tghe ASX in the five trading days up to and including 15 March 2010.
For full details and the Prospectus, see the Golden Cross Resources News Desk
DIVIDEND REINVESTMENT PLAN (“DRP”) SHARE PRICE
ASX Release
Kingsgate Consolidated Limited announces that the DRP share price, calculated in accordance with the Dividend Reinvestment Plan Rules relating to the final dividend of 15 cents per share payable on 16 March 2010, will be $8.96 per share.Full details – on Kingsgate Consolidated’s News Desk – http://www.kingsgate.com.au/news-desk/