Core Exploration (ASX: CXO) will update the market on significant exploration results from its Fitton uranium project in South Australia and has placed its shares on an ASX trading halt.
The halt will last until the earlier of an announcement being made available to the market, or the opening of trade on Monday 13 May.
Its reverse circulation drilling program has so far extended the strike length and depth of the outstanding new uranium discovery at Scott Lee prospect.
Core had $1.26 million in cash at 31 March 2013.
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