Gold miner Wilton Resources says no exploration activities in May
CATALIST-LISTED gold miner Wilton Resources Corporation on Friday said that there were no exploration activities carried out in May with regard to the group's Ciemas gold project, located in West Java, Indonesia.
"The operational activity is focused on production, where the construction of a gold processing plant with the capacity of 500 tonne per day has reached its final stages," the company said.
It added that there are six prospects for its exploration activities - Cikadu, Sekolah, Cibatu, Pasir Manggu, Cibak and Cipancar, which have been explored and reported on the independent qualified person report signed last September.
Shares in Wilton Resources last traded flat at 2.3 Singapore cents on June 4.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
London watchdog’s name-and-shame plan is mad, bad and dangerous to the City
Foxconn’s musical chairs sound like punk rock
AI fuels cloud computing boom for tech giants
AMD slides after AI chip forecast misses lofty estimates
IBM wins reversal of US$1.6 billion poaching award to BMC
Binance founder Zhao Changpeng gets 4 months in prison