ASHBY MINING ORD
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, […]