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LONDON (Alliance News) - Berkeley Resources Ltd on Friday said it completed the drilling programme at the Zona 7 prospect at the Salamanca Project Spain in the past quarter, with plans to continue exploration at the site.
The group said the results it got from the Salamanca Project confirm continuity of the mineralised zone extending beyond the current resource boundary in its quarterly report for the three months to the end of September.
It said it expects assay reuslts from the remaining drill holes to be made available soon and expects an upgraded inferred mineral resources for the Zona 7 prospect to be completed this quarter.
The company said its cash reserves at the end of September was AUD18.3 million.
Berkeley shares were untraded on Friday, last traded at 14.5%.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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