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Company News
Drilling at Little Duke confirms continuation of IOCG-style mineralisation for Ausmex Mining
Ausmex Mining Group (ASX: AMG) has continued drilling at the Little Duke IOCG-style copper-gold prospect within the Golden Mile project in Queensland after activities were halted last month. In September, the company announced a drill rig at the prospect, located near Cloncurry, had intersected 6 metres at 1.3 grams per tonne gold with 0.5% copper […]
Ausmex Mining hits more bonanza gold at Golden Mile
Ausmex Mining Group (ASX: AMG) has struck bonanza gold while drilling at the Golden Mile target, which is part of the company’s 80%-owned Mt Freda Complex in Cloncurry, Queensland. The company is currently fast-tracking a resource definition drilling program at the complex with six RC and diamond rigs on site. Via the fast-tracked campaign, Ausmex […]
Ausmex intersects 70m zone with cobalt, copper and gold potential at Golden Mile
Ausmex Mining Group (ASX: AMG) has intersected a 70m zone with visible sulphides at its 80%-owned Golden Mile project in Queensland, with Ausmex managing director Matt Morgan claiming the zone could host “significant” copper, gold and cobalt mineralisation. According to Ausmex, the intersection comprises a continuous graphitic black shale shear section and was identified while […]
Ausmex’s ‘outstanding’ conductive structure at Golden Mile believed to be part of larger iron-oxide-copper-gold system
Geophysical processing and 3D modelling by Ausmex Mining Group (ASX: AMG) at the Golden Mile joint venture project in Queensland has identified a “large conductive structure” believed to be associated with a larger iron-oxide or iron-sulphide copper-gold mineralised system. The company said the 3D program delineated an “outstanding result” of more than 2,000m in length, […]
Ausmex Mining rejoices in Queensland bonanza gold strike
Ausmex Mining Group (ASX: AMG) has uncovered bonanza gold grades along with high-grade copper and cobalt from the latest drilling campaign at its wholly-owned The Trump copper-gold prospect in Conclurry, Queensland. The junior explorer today reported exceptional drilling results from two reverse circulation holes at the project, including a 153m intersection grading 1.02% copper and […]
Ausmex scores high-grade copper hat-trick in Queensland
Junior copper explorer Ausmex Mining (ASX: AMG) has published an updated set of drilling results from its batch of prospective copper leases in Queensland, Australia. The standout highlights from this particular batch is a 60 metre at 1.3% copper sample and 54 metres at 1.0% copper sample – both collected from the surface at its […]
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