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Ausmon Resources Ltd.

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Summary

Project:

Broken Hill

Deposit:Stirling Vale
Location:Australia
Commodities:Gold-Copper-Zinc-Cobalt
Date:7/17/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-7-2018: Ausmon Resources Ltd. announces an Exploration/Drilling Update report for its Stirling Vale deposit at the Broken Hill project. Historic drill results incl. 1.4m @ 0.096% Co from 130m. Ausmon Resources Limited (“Company”), (ASX:AOA) is pleased
Resources:x
CP/QP:[Overall Report]: Joe Schifano (Geo Joe Pty Ltd.)
ABSTRACT:Ausmon Resources Limited (“Company”), (ASX:AOA) is pleased to announce that it has received encouraging results for cobalt and base and precious metals from the assaying of historic diamond hole DD95STV3 that was drilled on historic EL3500 in 1995, now covered in part by the Company’s newly granted EL8747 at Broken Hill as shown on see figure 1. (ELs 8745, 8746 and 8747 are 100% held by the Company’s wholly owned subsidiary New Base Metals Pty Ltd). Best results from the second zone of geologically interpreted Broken Hill Lode unit type rocks returned 0.87 metres @ 0.15% Zn from 85.8 to 86.67 metres downhole. The interval from 51.5 to 86.7m averaged 460 ppm zinc over 35.2 metres. See figure 2 for the drill hole plot of anomalous cobalt and base and precious metal intersections for DD95STV3.

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