AI assistant
KORAB RESOURCES LIMITED — Capital/Financing Update 2014
Apr 15, 2014
65198_rns_2014-04-15_62f45e14-5403-42ff-96cb-d7f4061ab77e.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [92 x 84] intentionally omitted <==
SHARES
ASX: KOR Last price: AU¢ 2.3 BERLIN: C6S.BE Last price: € 0.02
OPTIONS ASX: KORO Last price: AU¢ 0.2
KORAB RESOURCES LIMITED KORAB HOUSE
Wednesday, 16 April 2014
DIAMOND DRILLING PROGRAM UPDATE
Korab Resources Ltd (“ Korab ”, or “ Company ”) ( ASX: KOR ) wishes to advise that diamond drilling program currently under way at the Company’s Bobrikovo gold and silver project is expected to be completed by the end of this week.
The program is targeting potential extensions of near-surface high-grade gold and silver mineralisation discovered in historical drilling. The cores are being logged and cut. Following completion of the program, core will be submitted for assays while the Company will undertake a downhole geophysical survey of the drill holes completed during the program.
==> picture [408 x 285] intentionally omitted <==
Figure 1 Drilling at gold and silver Bobrikovo project, large diameter coring bit in the foreground
ABOUT KORAB RESOURCES
Korab Resources Ltd is an international mining and exploration company with operations in Australia and Europe. Korab’s projects include gold and silver mine at Bobrikovo in eastern Ukraine, Geolsec rock phosphate mine and Winchester magnesite deposit at Batchelor in the Northern Territory (NT). The company also explores for gold and base metals at Batchelor in the NT and for gold and copper at Ashburton Downs in Western Australia. More information about Korab’s projects can be sourced
==> picture [72 x 72] intentionally omitted <==
20 PROWSE STREET, WEST PERTH, WA, 6005, AUSTRALIA PO BOX 1958, WEST PERTH, WA, 6872, AUSTRALIA TEL (08) 9474 6166 FAX (08) 9322 6333 ACN 082 140 252
PAGE 1 OF 2
==> picture [92 x 84] intentionally omitted <==
SHARES ASX: KOR Last price: AU¢ 2.3 BERLIN: C6S.BE Last price: € 0.02
KORAB RESOURCES LIMITED KORAB HOUSE
from Korab’s website. Korab’s shares are traded on Australian Securities Exchange (ASX) and on the Berlin Stock Exchange (Berliner Börse) through Equiduct electronic trading platform.
OPTIONS ASX: KORO Last price: AU¢ 0.2
==> picture [72 x 72] intentionally omitted <==
20 PROWSE STREET, WEST PERTH, WA, 6005, AUSTRALIA PO BOX 1958, WEST PERTH, WA, 6872, AUSTRALIA TEL (08) 9474 6166 FAX (08) 9322 6333 ACN 082 140 252
PAGE 2 OF 2