Alara Resources (ASX: AUQ) has been granted a trading halt by the ASX pending the release of a maiden JORC Resource from the Khnaiguiyah Zinc-Copper Project in Saudi Arabia.
Feasibility studies have already been completed, with a DFS also forecast to be delivered to the market by Alara before the end of 2012.
The project comprises a granted mining licence, two exploration licences and five exploration licence applications which cover 380 square kilometres.
The halt will last until the earlier of an announcement being made to the market, or the opening or trade on Thursday 23 February.