Core Exploration (ASX: CXO) has been granted a trading halt this morning pending an announcement on details in relation to transactions to acquire an interest in new tenements, with the company's shares placed in pre-open.
Core has not yet elaborated any further on the potential new tenements, but the company does currently have a project focus in South Australia.
Highlighting the prospectivity of Core's projects, up to 4% copper was found in outcrop at the Fitton project just last month - along with gold and silver values.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Wednesday 26th September.
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