The Quarterly has the following excerpts:
"Initial cobalt Mineral Resource re-affirms Flemington and adjoining Sunrise Project are two parts of the same deposit.
Resource expansion drilling program proposed, incorporating multiple drill rigs ahead of Pre-Feasibility Study"
"at our Flemington Cobalt-Scandium-Nickel Project our initial focus in the New Year will be on a significant extension drill program to define a large, economic resource at that project prior to moving into a Pre-Feasibility and Ore Reserve study".
"The Company, therefore, plans to carry-out a significant resource expansion drilling program, incorporating multiple rigs, from the March quarter.
Australian Mines has also just commenced a regional field mapping and sampling campaign over the broader Flemington / Fifield district. Through this program, the Company will be in a stronger position to prepare a JORC-compliant Exploration Target17 for the Flemington Cobalt-Scandium-Nickel Project".
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