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News - Golden Cross Resources to outline share issue

Golden Cross Resources (ASX:GCR) has recently been focussed on the Copper Hill copper-gold project, located in a highly prospective region of New South Wales.

The company said it is working on key drivers to value as part of the Scoping Study at the project, including the optimisation process in validating the copper and gold recoveries scheduled during the initial 9-12 year mine life.

Golden Cross has this morning been granted a trading halt by the ASX, pending details of a share issue.

The halt will remain in place until the opening of trade on Wednesday 18th November 2015, or earlier if an announcement is made to the market.

 

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