Friday August 8, 04:15 PM
Press chat boosts African Consolidated Resources
LONDON (ShareCast) - Zimbabwe focused mineral explorer African Consolidated Resources (LSE: AFCR.L - news) attributed a sharp rise
in the share price on press speculation regarding possible political developments in the country.But it said drilling continues at its Blue Rock gold prospect to define a new zone of gold mineralization. ACR has just received the first assay results and will make a further announcement by the end of next week as soon as the results have been analysed. Meanwhile, a drilling program at its Perseverance nickel project is expected to begin next week after work there re-started late last month.
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