West Perth-based gold explorer Glengarry Resources Ltd has raised $4.4 million after fellow West Perth business Kagara Zinc Ltd subscribed for 35 million shares, or 12.3 per cent, in the company.
PERTH-BASED explorer Glengarry Resources has appointed David Richards as its new managing director.
He joined Glengarry earlier this year as exploration manager.
Picking up a strong sniff of gold by the Glengarry Resources NL might advance prospects for the Larranganni project in the Tanami/ Granites area of WA.