MiningNews.net – Healthy Start for Siburan

GOLD and uranium explorer Siburan Resources has had a positive

debut on the Australian bourse, opening today at a 2.5% premium

to its A20c issue price.

The Perth-based company, which raised $3 million in its

initial public offering, opened at 20.5c and reached an

intraday high of 22c before closing at 20c with 140,000

shares changing hands by the closing bell.

Siburan will now begin exploration programs at its

portfolio of projects with an initial focus on its flagship

Mt Pleasant gold project.