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- Australian-based miners Twenty Seven Co. are looking to raise $300,000 to fund developments at its Rover copper-gold project in WA
- Several gold and copper gold geochemical anomalies have been identified at Rover
- Twenty Seven’s share price remained flat today, closing at the same price as previous. Shares in the company are currently worth $0.005 apiece
Australian-based miners Twenty Seven Co. (TWC) are looking to raise $300,000 to help fund developments at one of its WA gold projects.
The company has identified several gold and copper gold geochemical anomalies at the Rover Project. These sites are being prepared for preliminary drill testing.
TWC recently increased its project area at Rover by 80 per cent to 460 square kilometres.
Private copper exploration company Cobre recently identified high grade copper-gold volcanic massive sulphide mineralisation in the area.
Additionally, ASX-listed St George’s Mining discovered high-grade nickel-copper-cobalt intercepts nearby too.
75 million new shares will be issued at a 21 per cent discount from the company’s 15 day volume-weighted average price.
TWC also operates two copper-cobalt projects in New South Wales.
Twenty Seven’s share price remained flat today, closing at the same price as previous. Shares in the company are currently worth $0.005 apiece.
