Exco to announce funding for White Dam

The West Australian June 9, 2009, 1:15 pm

Shares in Exco Resources have entered a trading halt as the company finalises funding for its White Dam gold project in South Australia.

Exco holds a75 per cent stake in the project with Polymetals holding the balance.

White Dam holds total resources of 9.1 million tonnes containing 330,400 ounces of gold.

The company is also developing its Cloncurry copper project in Queensland.

Exco shares last changed hands for 30 cents.

STUART McKINNON

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