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CR1 - Constellation Resources

Discussion in 'Stocks 0-H' started by System, May 18, 2018.

  1. System

    System Administrator

    Likes Received:
    Jun 27, 2010
    Constellation Resources holds the Orpheus Project, which comprises five tenements covering approximately 552km² in a prospective portion of the Fraser Range province of Western Australia.

    The Orpheus Project includes a 70% interest in three mineral exploration licences and one mineral exploration licence application, and a 100% interest in a further mineral exploration licence application.

    The Fraser Range province is considered prospective for nickel, copper and gold, and has attracted significant exploration since the discovery of the Nova deposit in 2012. Recent work has confirmed five priority targets within the Orpheus Project tenements and Constellation plans to undertake systematic exploration to assess these targets.

    It is anticipated that CR1 will list on the ASX during July 2018.

  2. greggles

    greggles I'll be back!

    Likes Received:
    Jul 28, 2004
    Solid start for Constellation Resources following its listing yesterday. Its IPO issue price was 20c and it finished the day at 30.5c after reaching an intraday high of 34c.

    Not a bad first day's trading.

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