AUZ 0.00% 0.8¢ australian mines limited

Ann: Environmental Licences granted for mining operation at Sconi, page-17

  1. JID
    3,676 Posts.
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    Yes, a very good announcement and all heading in the right direction.

    I am interested in views that people may have regarding the Flemington deposit that AUZ are optioning into from Jervois since October 2016.

    This has a Sc resource but the Co opportunity has only really been recently discussed.

    Did Jervois not assay for Co as part of its Sc resource or are there material differences between the Eastern and Western parts of the ore body (the Eastern part being CLQ's Syerston deposit)?

    Without further information, I would assume that Flemington may have a large Co resource based on the logic that it is c. 50% of the ore body that CLQ has already identified 114kt of Co grading 0.1%.

    Cheers
    John
 
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