GGG Resources to make ASX debut

Perth-based GGG Resources will begin trading on the Australian Securities Exchange tomorrow morning, after being admitted to the official list yesterday.

The gold explorer, which is also listed on London's Alternative Investment Market, recently raised $8.1 million from its Australian prospectus, and said the ASX listing would give it better access to additional funding sources.

"The company considered this to be important for the continued fast-track advancement of its interest in the Bullabulling gold project," GGG said in a statement.

The Bullabulling gold project is a former open pit operation straddling the Great Eastern Highway around 25 kilometres west of Coolgardie.

GGG holds a 50 per cent interest in Bullabulling with fellow explorer Auzex. The mine has been in care and maintenance since 1998.

GGG said it expected to report an upgrade on the current JORC Code compliant inferred resource at Bullabulling of 1.98 million ounces of gold before the end of June.