Commissioning activities at Troy Resources Limi-ted’s large-scale Karouni Gold Project in Region Seven are expected to commence this month, according to Chief Executive Officer (CEO) Martin Purvis.
“Commissioning activities at Karouni are expected to commence later this month and we look forward to updating shareholders of this progress,” Purvis said, according to a press statement from the Australian company on Tuesday. The company had announced that it had raised US$35 million from selling shares.
“We would like to thank our existing shareholders for their strong support and welcome a number of new institutions to the register. Funds raised will enable us to fast track exploration activities at Karouni where preparations are well underway for drilling to