Fitzroy Resources (ASX: FRY) is preparing to reveal details of a potential acquisition of a new resources project, with the company granted a trading halt by the ASX - with its shares placed in pre-open.
Currently the company is focused on the Rookwood project near Rockhampton in Queensland, which contains the Develin Creek Resource estimated at 1.75 million tonnes at 1.7% copper, 2.1% zinc, 8.5ppm Ag and 0.24ppm Au.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Wednesday 14th August 2013.
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