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Ausmex Mining Group Ltd.
Summary
| Project: | Mt Freda | |
|---|---|---|
| Deposit: | Golden Mile | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-11-2019: Ausmex Mining Group Ltd. announces an Exploration/Drilling Update report for its Golden Mile deposit at the Mt Freda project. Drilling results incl. 19m @ 3.2g/t Au from 14m. Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is please | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew Morgan (Internal) | |
| ABSTRACT: | Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is pleased to announce that laboratories are progressing on outstanding drill hole assays from the recent QLD resource definition drilling program, with further Golden Mile drill hole assays completed confirming the presence of high grade gold, as well as extending known mineralisation north and south along strike. Additional results below highlight the potential for the Golden Mile and the current ML100201 Mining Lease application to host significant gold mineralisation. Drilling has now been completed in Cloncurry for 2019, with final results due within a fortnight. The Company is now focused on completing Maiden JORC Resource estimates by late November and progressing Gold production from Cloncurry operations in 2020. | |
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