Core Exploration (ASX: CXO) is preparing to update the market on the acquisition of joint venture interests at the company’s Albarta project.
The ASX has today granted the company a trading halt, with its shares placed in pre-open.
Albarta is located in the Northern Territory, with previous highlights including 1,533g/t (1.5 kilogram per tonne) silver discovered 500 metres west of previous high grade samples at Blueys.
The halt will remain in place until the opening of trade on Thursday 13th February 2014, or earlier if an announcement is made to the market.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.