Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Golden Saint Resources highlights progress in Sierra Leone

Golden Saint is planning on expanding bulk sampling rates alongside its other exploration work.
diamonds
Bulk processing work is underway

Golden Saint Resources Ltd (LON:GSR) highlighted in its interim results statement the company’s progress with its assets in Sierra Leone.

In the results’ outlook statement, the company said: “moving towards proving up inferred resources on the three license areas in Sierra Leone, the company is planning on expanding bulk sampling rates in the alluvial diamond and gold areas in parallel to other exploration activities.”

READ: Golden Saint's new CEO keen to maximise potential of their diamond licences

During the six months ended June 30, the company processed bulk sampling results for the Tongo and the Baja licence. It also advanced a new competent persons report in the half.

In terms of its interim results, the company reported a US$891,000 comprehensive loss for the period, narrower than the US$1.07mln loss in the same period of the previous year.

View full GSR profile View Profile

Golden Saint Resources Ltd Timeline

Related Articles

Noodles
February 13 2017
The final three months of the year continued a healthy revenue growth trend for the nascent food distribution business
1507227551_boardroom-610.jpg
October 09 2017
In the summer, Mathew Wilson was named chief executive, replacing Basil Botha, who remained as chairman.
Cobalt Blue Holdings' Joe Kaderavek with investors at Proactive's CEO Sessions
October 06 2017
Joe Kaderavek discussed the company's next steps at Proactive's CEO Session in Sydney.

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use