Australian Solomons Gold (ASG) is using the Can$18.8 million is raised recently on the Toronto Stock Exchange to complete the feasibility study of its Gold Ridge Project located on Guadalcanal in the Solomon Islands .

It is undertaking additional drilling and exploration programs in and around the existing four open pit areas and doing various preliminary works to advance the site ready for redevelopment next year.

Gold Ridge hosts a JORC resource of 2.3 million ounces of gold and a reserve of 1.7 million ounces of gold. www.michelago.com

News sourced from International Mining Project News - www.im-mining.com