Empire Metals Ltd's (LON:EEE) Mike Struthers talks to Proactive London about raising £2mln to complete the purchase of Eclipse gold mining project in Australia.
Struthers says the placing was 'heavily oversubscribed' after 'some really good results from Eclipse and there is more to come out shortly'.
He says they already have 'some really good indications that we are going to be able to develop a nice high-grade resource at Eclipse' in this well-established mining district in Australia.