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Ausmex Mining Group Ltd.
Summary
| Project: | Mt Freda | |
|---|---|---|
| Deposit: | Evening Star, Little Duke | |
| Location: | Australia | |
| Commodities: | Gold-Copper-Cobalt | |
| Date: | 8/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-8-2019: Ausmex Mining Group Ltd. announces an Exploration/Drilling Update report for its Evening Star, Little Duke deposit at the Mt Freda project. Drilling results incl. 46m @ 2.0g/t Au, 0.42% Cu, 245ppm Co from 70m. Ausmex Mining Group (ASX: AMG) (“A | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew Morgan (Internal) | |
| ABSTRACT: | Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is pleased to announce additional drilling results that have intercepted IOCG style gold-copper-cobalt mineralisation above current IOCG geophysical targets. Currently the Company has over 4,900 individual samples awaiting analysis from thirty-six (36) outstanding drill holes completed at the Mt Freda Complex. Samples have been directed to three independent laboratories in Queensland for processing and analysis including ALS, SGS, & Intertek. The Company is anticipating a continuous release of drill hole assays over the next four to six weeks as the back log of samples is processed and will continue to update shareholders as results are completed. Due to the high number of outstanding drill hole assays, the Company has reduced the drill rigs on site to four, consisting of two Diamond Core rigs, one deep RC rig and one air track rig. | |
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