ADU adamus resources limited

The Directors of Adamus Resources are pleased to announce that...

  1. 284 Posts.
    The Directors of Adamus Resources are pleased to announce that the
    Company has received results from the first exploration holes at
    Salman South. Drilling to date has tested only one of the three major
    anomalies at Salman South, with results exceeding expectation.
    The completion of the first 20 holes represents less than 10% of the
    Company’s current drilling program which consists of 22,000 metres of
    RC.
    Results have identified broad zones of mineralization on every drill
    section of the previously untested 300 metre long anomaly.
    Mineralization is westerly dipping and demonstrates good continuity
    along strike.
    The Company believes the new results further demonstrate the
    potential for the Salman Prospect and the broader Southern Ashanti
    Gold Project to host a substantial economic ore-body.
    Drilling will continue at Salman over the coming months, focusing on
    several large exploration targets located throughout the Main Salman
    Trend, which extends over a strike length of 4.8 kilometres.
    The current phase of exploration will also include infill drilling at both
    Salman Central and Salman North and a series of diamond holes
    designed to gather more detailed geological information and test for
    mineralization at depth.
    Results from the on-going program will be released to the Australian
    Stock Exchange at the earliest opportunity.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.