In the right neighbourhood

摘要

Two former senior Normandy executives have teamed up with Perth businessman Gilbert George to head up a new gold exploration float called Mindax Ltd. The company has launched a 3 million dollars raising underpinned by strategically located projects in the recently reinvigorated Sandstone and Meekatharra regions of Western Australia. Mindax - which is aiming to list on the ASX by the end of this month - plans to pursue intensive exploration along the Edale-Illara shear system at three key areas, including an existing high-grade 36,000 ounce resource and on ground adjacent to Troy Resources NL's recently discovered Lords play(which currently contains 319,000 oz).