AMX 0.00% 32.0¢ aerometrex limited

Ann: Drilling Update and New Gold Targets , page-17

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  1. 24,765 Posts.
    Seems from reading posts here many folk have forgotten that AMX have numerous prospects yet to be tested.

    For example, on 12th. June from scout drilling AMX announced a fantastic 74 metres intersection @ 2.6 g/t including 27 metres at 5 g/t at the new Wadaroo Prospect which is only 35 kilometres north of Konkera.

    AMX's ASX announcement yesterday pointed out that "Ampella has also completed a large aircore drilling program to test the potential of numerous structures and prospective intrusive contacts located around the Wadarado Prospect. Results are pending."

    Many folk who are posting suggesting that AMX's 3.1 million ounces JORC compliant resource at Konkera will be high cost, and I recall I read a comparison with AZM, have forgotten a very significant piece of information.

    Unlike AZM, Ampella's Konkera resource has plenty of very wide, good grading gold intersections - eg. 60 metres @ 4.3 g/t, 50 metres @ 4.7 g/t etc. etc.
 
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