Aphrodite Gold (ASX: AQQ) is preparing an announcement on an updated JORC Resource for the company's Aphrodite Gold project, with the ASX granting the company a trading halt this morning and placing its shares in pre-open.
The project currently hosts 10.18 million tonnes at 3.18g/t gold for 1,040,000 ounces. Of this, Indicated is 645,000 ounces, and Inferred 395,000 ounces.
The project is located 65 kilometres north of Kalgoorlie in the Eastern Goldfields of Western Australia.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Thursday 13th June 2013.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.