Shares in ECR Minerals rose almost 4% after it drew the market's attention to the filing of a feasibility study on a copper flat in New Mexico. The company that owns the flat, THEMAC, is, in turn 19% owned by ECR. THEMAC now plans to begin the definitive feasibility mid-September 2012 and shortly afterwards begin work on detailed engineering.
Gold Miner Bullabulling pleased investors after it said results of a drilling programme showed better mineral resources than previously discovered at its Gold Project in Western Australia. The firm said a new resource estimate would be prepared with a moderate increase in contained ounces of gold anticipated. It shares rose 8% on the news.
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