Ashburton Minerals reported to have signed an agreement to sell all of its interest in the Cuiaba Gold Project in the state of Mato Grosso to a Brazilian national company for a cash consideration of US$5 million (approx A$6.2 M).
Announced additional drill results at the Teixeirinha prospect. Highlights include: hole TXB035: 39.0 m @ 1.03 g/t Au from 42.0 m.
September 8, 2008
Announced drill results at the Teixeirinha anomaly within the Cuiaba Gold project. Highlights include: hole TXB 010: 10.0 m @ 2.01 g/t Au from 56.0 m, including 4.0 m @ 4.38 g/t Au.