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Ausmex Mining Group Ltd.
Summary
| Project: | Mt Freda | |
|---|---|---|
| Deposit: | Mt Freda | |
| Location: | Australia | |
| Commodities: | Gold-Cobalt-Copper | |
| Date: | 9/26/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-9-2019: Ausmex Mining Group Ltd. announces an Exploration/Drilling Update report for its Mt Freda deposit at the Mt Freda project. Drilling results incl. 17m @ 4.1g/t Au, 1.2% Cu, 493ppm Co from 31m. Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Com | |
| 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 making headway on outstanding drill hole assays for the current resource definition drilling program within the Mt Freda suite of Mining Leases. Additional results including samples up to 17.7 g/t Au under the Mt Freda open cut floor, confirming additional high-grade gold extends from the current pit floor and is still open at depth. Further assays processed from the Little Duke project including missing assays from recently reported RC hole LD19RC0025 (Refer ASX release 28th August 2019) intersected 17 m @ 4.1 g/t Au with 1.2% Cu & 493 ppm Co (31 - 48 m). The drill rig was bogged at 48 m depth and the hole terminated in high grade gold. The Little Duke project is prospective for Gold, Copper and Cobalt (IOCG style target), with mineralisation still open along strike and at depth. | |
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