Erin Resources (ASX:ERN) has been granted a trading halt by the ASX, with its shares placed in pre-open.
ERN requested the halt pending exploration results from its Lingokoto gold project in Senegal.
The company has been conducting air-core drilling at the project covering 6000 metres.
Highlighting the prospectivity, initial drilling in late 2013 returned 6 metres at 51.5g/t gold in near‐surface material.
The halt will remain in place until the opening of trade on Tuesday 2nd July 2014, or earlier if an announcement is made to the market.