Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • Hill End Gold Director Raises Shareholding  0 comments
    Nov 22, 2012 10:53 PM

    Hill End Gold (ASX: HEG) non-executive director Graham Reveleigh has increased his shareholding in the company with further on-market purchases.

    Reveleigh bought an additional 1 million shares for a total consideration of A$18,000, providing an average entry price of $0.018.

    Hill End Gold is currently undertaking a second stage of drilling north of its Hargraves Gold Project, located in Central New South Wales.

    Exploration at Hargraves is focused on increasing resources and preparation of a mining plan for commercial development.

    Encouraging drilling results returned from earlier work at the North Big Nugget Hill Deposit, part of Hargraves, are being followed up with deeper drilling and exploration along strike.

    Stage 2 drilling will test the mineralisation to 150 metres vertically below surface and to the north where the system remains open.

    Ongoing drilling and new modelling of high grade zones could lead to an increase in the current resource at Big Nugget Hill. Currently, it sits at 2.2 million tonnes at 3.1 grams per tonne for 221,000 ounces of contained gold.

    Proactive Investors is a market leader in the investment news space, providing ASX "Small and Mid-cap" company news, research reports, StockTube videos and One2One Investor Forums.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.