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Intrepid Mines calls for halt pending impact on balance sheet

Published: 21:01 13 Sep 2017 EDT

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Intrepid held $22 million in cash at the end of June 2017

Intrepid Mines Ltd (ASX:IAU) has been granted a trading halt by the ASX this morning, pending an update due to a development that may affect the carrying value of the mining properties on the company's balance sheet.

Intrepid has assets in the African nation of Zambia.

The halt will remain in place until the opening of trade on Monday 18th September 2017, or earlier if an announcement is made to the market.