Australian Mines (ASX:AUZ) flagship Marymia project is located 55 kilometres and along strike of Sandfire Resources (ASX:SFR) DeGrussa mine, and 40 kilometres east of the 5 million ounce Plutonic Gold Mine.
AUZ is now heading to market with a capital raising.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
At Marymia a strong 400 metre long EM conductor has been detected with potential for a massive sulphide body.
A maiden drill program of the conductor is commencing.
The projects geology is recognised as the northern continuation of the nickel-rich Eastern Goldfields province.
The halt will remain in place until the opening of trade on Wednesday 13th August 2014, or earlier if an announcement is made to the market.
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Last
1.4¢ |
Change
0.002(16.7%) |
Mkt cap ! $25.36M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.6¢ | 1.2¢ | $1.806M | 130.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 15398695 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 128100 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| AUZ (ASX) Chart |