Ero Mining Attempts to Raise $1.8 Million

Ero Mining (ASX:ERO) reported it is issuing a rights investment in an effort to raise $1.8 million to fund exploration and development.

As quoted in the press release:

Geophysical surveys and subsequent drill programs at the Peeweena Dam prospect   Billa Kalina SA (ERO in joint venture with Maximus Resources Ltd (ASX:MXR)) which is located 70km north-north west of the Olympic Dam copper-gold-uranium mine and 45km east of the mine development at Prominent Hill.

Click here to read the Ero Mining (ASX:ERO) press release.