AUZ 6.67% 0.8¢ australian mines limited

Ann: Drilling doubles cobalt footprint at Flemington, page-4

  1. 481 Posts.
    I think most of us were. They said results due in 2 weeks haha

    Sorry for the layout.. at work on my phone. Some key points that I liked-

    “The recent appointment of Chief Operating Officer, Tim Maclean, who has built and operated multi-billion-dollar laterite processing plants in the past serves as confirmation of our plans to take the Sconi and Flemington projects through to a final investment decision and build a full- scale processing plant.

    Australian Mines has also commenced planning a further follow-up resource extension drilling program, which will seek to test a further 250 acres of prospective geology surrounding the known cobalt and scandium mineralisation at Flemington. The Company will release details of this phase-two resource extension drilling program prior to its commencement.

    • Scandium footprint now three-times larger following drilling with thick, high-grade scandium mineralisation confirmed to outcrop across the project area
      • Maiden Cobalt Mineral Resource and upgraded Scandium Mineral Resource Estimates for Flemington Project to be released within 6 weeks
 
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