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Australian Mines Ltd.

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Summary

Project:

Minnamoolka

Deposit:Minnamoolka
Location:Australia
Commodities:Nickel-Cobalt
Date:10/21/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Feasibility Study
Report details:21-10-2019: Australian Mines Ltd. announces a Resource Estimation report for its Minnamoolka deposit at the Minnamoolka project. Resource updated to JORC 2012 standard. Advanced battery materials developer, Australian Mines Limited (“Australian Mines” or
Resources:(Resource, I+I): 14.2Mt @ 0.66% Ni, 0.03% 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) advises that it has updated the Mineral Resource Estimate for its 100%-owned Minnamoolka Nickel Project in North Queensland. A Mineral Resource Estimate for the Minnamoolka Nickel Project had previously been undertaken by Golder Associates and subsequently reported by Metallica Minerals Limited in 2013 in accordance with the 2004 edition of the JORC code. Australian Mines commissioned and has now received, the following updated Mineral Resource Estimate for the Minnamoolka nickel deposit in accordance with the 2012 edition of the JORC Code.

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