Reed Resources Ltd., announced the acquisition of Meekatharra Gold project, Western Australia, via its wholly owned subsidiary GMK Exploration Pty Ltd, of 100% of the landholdings and assets of Mercator Gold Australia Pty Ltd.
One hole for metallurgical testing has been drilled at the Macquarie prospect within the Paddy's Flat project area. The hole confirmed the existing drill intercepts and the geological model. An intercept of hole 07MQRD001 assayed 10m @2 .9g/t from 97m.
June 20, 2007
Finalised mining and metallurgical studies on its previously reported resources of Bluebird, Surprise, Prohibition and Vivian - Consols
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