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NTM Gold to lift funds following bonanza gold

Published: 23:02 11 Jan 2018 GMT

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The company's shares are in pre-open

NTM Gold (ASX:NTM) has interests in Western Australia’s Eastern Goldfields, and recently revealed a drill intercept of 5 metres at 31.4g/t gold from 40 metres at its wholly-owned Redcliffe Gold Project.

Recent drilling aimed at extending the three high-grade lodes below and south of the historical pit.

To advance the next steps NTM is heading to market with a capital raising, and the ASX has granted a trading halt to prepare.

The halt will remain in place until the opening of trade on Tuesday 16th January 2018, or earlier if an announcement is made to the market.

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