A new report has found listed exploration companies are focused increasingly on preserving their cash, as the sector grapples with regulatory rulings by the ASX and ASIC.
Local explorer Gascoyne Resources has tapped investors for a $15 million capital raising to fund ongoing work at two of its gold projects in Western Australia.
Gascoyne Resources has concluded an agreement with the native claimant group Wajarri Yamatji, enabling the company to progress plans on its 100 per cent owned Glenburgh gold project in the Gascoyne region.
