Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Gold Project, a high-grade asset in Victoria’s Eastern Goldfields, while progressing due diligence on a strategic Victorian portfolio and reporting encouraging assay results from its Tasmanian projects.
Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.