Montezuma Mining Company (ASX: MZM) has been granted a trading halt by the ASX pending an announcement on the Butcherbird project, with the company's shares placed in pre-open.
Montezuma Mining has not yet indicated what the announcement is in regards to, but the project currently has an extensive exploration project underway.
Earlier in the month the company launched a 5000 metre reverse circulation drilling campaign to test targets along 6 kilometres of strike at the Butcherbird shear zone, which was identified from IP, aeromagnetic and EM surveys.
The trading halt will last until the earlier of an announcement made to the market, or the opening of trade on Tuesday 25 October.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/21025/montezuma-mining-company-in-pre-open-pending-butcherbird-project-announcement-21025.html
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