| DIORO EXPLORATION NL: ASX RELEASE |
Dioro Dioro steps into the producer category with a ‘company making’ acquisition of Harmony’s Kalgoorlie assets
Highlights:
- An acquisition of a suite of assets which currently produce approximately 80,000 ounces of gold a year and includes:
- an efficient 1,2million
tpa mill
- three years of reserves at current production rates
- a resource inventory of 2.1 million ounces
- a tenement package covering 1100sqkm in the heart one of the
world’s most productive gold belts.
- Resource acquisition at a total cost of a $24 per gold resource ounce.
- Following the Harmony acquisition, Dioro will have total attributable resources of 2.6 million ounces of gold.
- The acquisition of the Jubilee mill provides Dioro with an immediate processing option for its Frog’s Leg ore and a potential new profit centre.
Full details are included in the
attached ASX Announcement which was lodged by Dioro today.
Download the full ASX Announcement by clicking here.
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Dioro Exploration NL
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PRODUCER |
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CODE : DIO.AX |
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ISIN : AU000000DIO1 |
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Dioro is a gold producing company based in Australia. Dioro holds various exploration projects in Australia. Its main assets in production are MUNGARI EAST, FROG'S LAKE and SOUTH KAL in Australia and its main exploration properties are POKAI and LAKE GRETA in Australia. Dioro is listed in Australia, in Canada, in Germany and in United States of America. Its market capitalisation is AU$ 86.2 millions as of today (US$ 79.0 millions, € 57.7 millions). Its stock quote reached its lowest recent point on January 14, 2000 at AU$ 0.04, and its highest recent level on October 12, 2007 at AU$ 37.24. Dioro has 67 905 410 shares outstanding. |