VOYAGER RESOURCES RAISING MONEY FOR KHONGOR PROJECT PDF Print E-mail

Source: Voyager Resources                          Date: 06 April, 2011

Voyager Resources has announced a proposed placement and underwritten renounceable rights issue to raise approximately AUD10.4 million before costs. The funds raised will be utilized to continue exploration and drilling programs on the company’s recently acquired Khongor Copper Gold Porphyry Project in Mongolia. The Company plans to drill at least 20,000 meters of diamond drill core and reverse circulation drilling on its projects in 2011 with the aim of identifying initial JORC compliant resources later this year.

 

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