Shaun Bunn, managing director of Empire Metals, tells Proactive it is raising £1.7mln to fast track the development of the Gindalbie project in Western Australia.
"We want to get drill rigs back on site and the Homeward Bound target looks to be an excellent opportunity to develop a high-grade lode.
"What's important is that we get some momentum out of this and continue to develop the gold assets at both Gindalbie and Eclipse."