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Transaction Announcement Reports
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| Project: | Trump | |
|---|---|---|
| Deposit: | Trump | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 8/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-8-2018: Ausmex Mining Group Ltd. announces an Exploration/Drilling Update report for its Trump deposit at the Trump project. Drilling results incl. 153m @ 1.02% Cu, 1.43g/t Au from 0m. Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is again | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew Morgan (Internal) | |
| ABSTRACT: | Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is again pleased to announce exceptional RC drilling results from the 100% owned ‘The Trump’ granted Mining Lease ML2549 within AMG’s suite of Cloncurry, Queensland assets. Following the previously reported successful maiden drilling campaign at The Trump Mining Lease (Refer ASX announcement 8th February 2018), the company to date has completed an additional two RC holes at the project, including the re-entry of hole TR17RC07 that was initially drilled late December 2017 finishing at a 60m depth in high grade copper. TR17RC07 was re-entered to test the mineralisation below the initial 60m depth, with additional drilling extending the hole to a total depth of 168m. Assay results indicate a continuous 153m mineralised intersection from surface @ 1.02% Copper & 1.43g/t gold with an additional 7m zone of 1,555ppm cobalt from a depth of 135 to 142m. | |
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