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Australian Mines Ltd.

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Summary

Project:

Bell Creek

Deposit:Bell Creek
Location:Australia
Commodities:Nickel-Cobalt
Date:4/29/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Feasibility Study
Report details:29-4-2019: Australian Mines Ltd. announces a Resource Estimation report for its Bell Creek deposit at the Bell Creek project. Updated mineral resource estimate at the project. Advanced battery materials developer, Australian Mines Limited (“Australian Min
Resources:(Resource, Total): 25.8Mt @ 0.72% Ni, 0.04% Co
CP/QP:[Resources]: David Williams (CSA Global Pty Ltd.)
ABSTRACT:Advanced battery materials developer, Australian Mines Limited (“Australian Mines” or “the Company”) (Australia ASX: AUZ; USA OTCQB: AMSLF; Frankfurt Stock Exchange: MJH) is pleased to announce a Mineral Resource Estimate9 for its Bell Creek Nickel-Cobalt Project, which is located 115 kilometres north of the Company’s flagship Sconi Cobalt-NickelScandium in North Queensland, Australia. Acquired as part of the previously completed transaction with Metallica Minerals Limited (ASX: MLM)10 for nil additional cost, Australian Mines’ 100%-owned Bell Creek deposit has been extensively evaluated with more than 60 separate metallurgical test reports completed for the Project11. These reports also included detailed work on comminution, heap leaching, metal precipitation, solvent extraction, ion exchange, solution chemistry and dewatering12 .

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