Scottish gold prospector Scotgold Resources has been frustrated in its attempts to conduct an airborne magnetic survey over its Grampian exploration targets.
In its half yearly report covering the six months to the end of last year, the company says civil aviation authorities have not yet given permission for the survey, so "alternative arrangements" are being considered.
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Shares in the firm had dropped 2.33% by noon. Over the last 12 months the stock has gained 18%.
BS
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