As a rough guide , GRY turned over a JORC for the stinger deposit in less than 12 months , despite that period including the worst of the lab delays in BF and no onsite prep lab.
AMX don't have the same lab delays at present (like in 2011/12) and they've got the prep facility to speed things up.
At a guess , if they really focused on that area and thought it was compelling enough, they could get a maiden resource at Torks in the second half of this year perhaps. Maybe sooner ? not sure really, but things are moving along reasonably fast at Torkera , so they must like it.
As for torks oxide content , we'll have to wait and hear more about that from AMX. We know they are chasing oxides and are drilling torks at what looks like a priority speed , so that indicates they are looking at oxide/transition ores there perhaps. Its certainly shallow enough to be part oxide ore.
Go back to the Iphone mate!
AMX Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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