AUZ 12.5% 0.7¢ australian mines limited

Ann: Gold & copper subsidiary secures $5 million investment, page-129

  1. 1,447 Posts.
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    Investor Bob , well worth having a look for sure. Plutonic Gold mine has been a reasonably high grade gold mine producing for around 20 years or so. A lot more drilling needs to be done but some decent hits in 2015/2016? IMO

    I think the spin off is a good move so AUZ can focus on getting Sconi into production without burning cash on drilling , tenements & lease requirements etc

    The Dixon gold prospect is located within 50 kilometres of Northern Star’s Plutonic Gold Mine and hosted by a similar greenstone belt as that containing the Plutonic and Marymia deposits.


    Dixon.JPG
 
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