AUZ 12.5% 0.7¢ australian mines limited

Classic Double Top, page-163

  1. 619 Posts.
    lightbulb Created with Sketch. 10
    only 700mil shares, auz over 2bil, some changed management of late also.

    May i also add for your perusal a quick snippet of their resource for your feedback.
    please forgive my naivety if this isnt prudent.


    Hylea Project contains drilled Cobalt, Nickel, Platinum and Scandium
    mineralisation akin to the nearby Sunrise (Clean Teq ASX:CLQ), Flemington
    (Australian Mines ASX:AUZ), Owendale (Platina Resources ASXGM), and
    Nyngan (Scandium International Mining Corp TSX:SCY) laterite Co-Ni-Sc-Pt
    Resources.

    The Hylea Project hosts comparable scale intrusive complexes, source geology
    and grades, with near-term resource potential.

    High grade, near or at surface drilled intersections across approximately 1km x
    0.5km at the Tigers Creek Prospect, including:
    o
    7m @ 0.32% Co, 0.15g/t Pt & 0.55% Ni, incl. 1m @ 0.64% Co
    o
    8m @ 0.27% Co, 0.69g/t Pt & 0.73% Ni, incl. 1m @ 0.85% Co
    o
    5m @ 504ppm Sc, within 13m @ 355ppm Sc
    o
    4m @ 460ppm Sc, within 17m @ 323ppm Sc
    o
    21m @ 1.05g/t Pt, Incl. 4m @2.84g/t Pt.



    Thanks Vintage....!
 
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