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Ausmex Mining Group Ltd.
Summary
| Project: | Trump | |
|---|---|---|
| Deposit: | Trump | |
| Location: | Australia | |
| Commodities: | Copper | |
| Date: | 2/8/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-2-2018: Ausmex Mining Group Ltd. announces an Exploration/Drilling Update report for its Trump deposit at the Trump project. Drilling results incl. 45m @ 1.09% Cu from 25m. Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is again pleased to a | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew Morgan (Internal) | |
| ABSTRACT: | Ausmex Mining Group (ASX: AMG) (“Ausmex” or “The Company”) is again pleased to announce the continued run of recent RC drilling success with further high-grade copper results intersected by a recent maiden scout exploration drilling at “The Trump” mining lease, ML 2549. The additional drilling results add ~ 100m of strike length to the previously reported 60m @ 1.30 % copper. Currently the mineralisation is open along strike and down dip. A sixteen-hole scout RC drilling program was completed late December 2017, seizing the opportunity Ausmex had with RC drill rigs returning from completing the nearby “The Answer” RC drilling program. As the initial geology interpretation was unknown, RC drill holes were located where terrain and vegetation permitted. To date ten of the total sixteen RC holes have been validated and interpreted (refer X-section 01 & X- Section 02 above), with the remaining six RC holes due for validation and interpretation within the next 10 days (refer to the drill hole location plan above). From the initial drilling results and interpretation to date as displayed above in the 3D images 1 & 2, the project appears to have the potential to host a high-grade copper deposit of sizeable scale. | |
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