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Australian Mines has acquisition news on the horizon

Published: 19:48 03 Sep 2017 EDT

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Australian Mines shares are in pre-open

Australian Mines Ltd (ASX:AUZ) has been granted a trading halt by the ASX this morning, pending details in regards to the acquisition of a project in Queensland.

The company has several interests in Australia, including earning up to a 75% interest in the Sconi Project, located near the historic mining centre of Greenvale in Queensland, from Metallica Minerals Ltd (ASX:MLM).

The halt will remain in place until the opening of trade on Wednesday 6th September 2017, or earlier if an announcement is made to the market.

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