Company Overview and News
Metal Bank Ltd (ASX:MBK) has two key assets in Queensland, which are located in an 18 million gold ounce established producing district.
Metal Bank (ASX:MBK) is continuing to expand the discovery of what could be a large gold system at the Triumph project located in southeast Queensland.
Metal Bank Ltd (ASX:MBK) has been granted a trading halt by the ASX this morning, pending details of a capital raising. The halt will remain in place until the opening of trade on Monday 19th September 2016, or earlier if an announcement is made to the market.
Metal Bank Ltd (ASX:MBK) has received more high grade gold results from the Triumph project, pointing to a possible intrusion related gold system of the type encountered in a number of large systems in southern Queensland. The shallow 9-hole reverse circulation program at the Bald Hill prospect returned a highlight result of 15 metres at 10.3 g/t gold, 76 g/t silver and 0.5% copper from 9 metres depth.
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Metal Bank Ltd’s (ASX:MBK) shares should hit the heights today after it returned an assay from drilling of 15 metres at 10.3 g/t gold from 9 metres depth at the Triumph project in Queensland. The result is from one of the nine reverse circulation holes drilled on the Bald Hill prospect at the Triumph project. Previous exploration in the region has almost entirely focused on a very small area centred on the historical Norton goldfield.
Metal Bank Ltd (ASX:MBK) has been granted a trading halt by the ASX, pending preliminary drilling results from its Triumph project. Triumph is located in the northern New England Fold Belt of central Queensland, which also hosts the multi-million ounce gold deposits of Cracow, Mt Rawdon, Mt Morgan and Gympie. The halt will remain in place until the opening of trade on Monday 6th June 2016, or earlier if an announcement is made to the market.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton