EXPLORATION & DEVELOPMENT

Tembo-backed Orion keen to drill

ORION Gold is looking forward to drilling the Prieska zinc-copper mine in Northern Cape after private equity fund Tembo Capital confirmed its commitment to put further funds into the junior.

Michael Quinn
Tembo-backed Orion keen to drill

Subject to shareholder approval next month, Orion is looking to raise up to A$4.8 million via issuing new shares at 2.4c, with Tembo set to hold up to 19.9% of the junior via shares it decides to take...

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