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