This US gold project is anything BUT Greenfields!

In a move that signals a swift transition from a newly-minted ASX-lister to an active explorer, Elk Range Mining (ASX: ELK) is set to start a maiden 2850-metre diamond drilling campaign at its Friday gold mine in Idaho in the United States. The company completed a successful and significantly oversubscribed Initial Public Offering raising $10 million at 20-cents a pop, with Inyati and Bank of Montreal (Euroz) acting as brokers to the issue. The company has inked a drilling

Listing today, Elk Range Mining is debuting on the ASX following a $10m raise in an oversubscribed IPO to drill its permitted, high-grade US gold mine and processing plant in the Tier-1 jurisdiction of Idaho.