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Ausmex Mining Group Ltd.
Summary
| Project: | Mt Freda | |
|---|---|---|
| Deposit: | Mt Freda | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-6-2020: Ausmex Mining Group Ltd. announces a Resource Estimation report for its Mt Freda deposit at the Mt Freda project. Initial Mineral Resource Estimate for Mt Freda. Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is pleased to announce t | |
| Resources: | (Resources, I+I): 1.71Mt @ 2.06g/t Au (113,400oz Au) | |
| CP/QP: | [Overall Report]: Matthew Morgan (,Internal) | |
| ABSTRACT: | Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is pleased to announce the estimation of Maiden JORC (2012) resources for the Mt Freda Complex. The combined Global estimation for the Complex includes the Mt Freda pit, as well as the Golden Mile Joint Venture projects including Comstock, Falcon Shamrock, and Little Duke. The Golden Mile is a joint venture with Round Oak Minerals Limited (80% AMG:20% RO). Round Oak Minerals is a 100% owned subsidiary of Washington H Soul Pattinson & Company Limited (ASX:SOL). The Mineral Resource estimate for Mt Freda, Comstock, Falcon and Shamrock was completed by Mr Paul Tan, B. Eng Hons MAusIMM following the construction of an access database and utilizing Surpac modelling software. The Little Duke Resource estimate was completed by Mr Murray Hutton, MAIG following the construction of an access database and utilizing Micromine software. | |
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