Exploration firm Ormonde Mining says an assessment of its Tracia gold project in northern Spain has revealed high-grade results.
The company says drilling targets are now being finalised, and drilling will start as soon as a rig becomes available from the company's other Spanish projects.
The Tracia project is being carried out in a joint venture with Sweden's IGE.
Ormonde operates the Tracia field, while IGE is funding exploration activities.
