2.Woolibar Fault Flexure
the target area is interpreted to be a change in direction of the Woolibar to Boorara Shear which is widely recognised as the regional feeder fault for gold orebodies such as the Mt Martin and Golden Ridge orebodies which are located on first or second order fault splays off the Woolibar to Boorara Shear.
No geochemical sampling was previously completed over the target area by previous tenement holders, but Australian Mines Limited has now completed a geochemical sampling programme of 1,300 auger holes over the target area. (assays awaited)
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Mt Martin Optimisation Study Results 21 July 2010
The recently completed optimisation study has indicated that an open pit mine would make a significant profit with various treatment options producing 50,000 - 60,000 ozs of Au at a gold price of A$1,300/oz
The recently completed optimisation study has indicated that an open pit mine would make a significant profit with various treatment options producing 50,000 - 60,000 ozs of Au at a gold price of A$1,300/oz
Mt Martin Exploration Update 9 July 2010
Encouraging results have been received from recent drilling of East Shear North
exploration target which lies to the east of the main Mt Martin pit.
Encouraging results have been received from recent drilling of East Shear North
exploration target which lies to the east of the main Mt Martin pit.
50% Increase in gold Resources at Mt Martin 25th June 2010
Australian Mines Limited (ASX:AUZ) is pleased to announce an increase of approximately 50% in gold resources at the Mt Martin mine.
Australian Mines Limited (ASX:AUZ) is pleased to announce an increase of approximately 50% in gold resources at the Mt Martin mine.
Mt Martin Resource Definition Drilling Recommences June 2010
Australian Mines Limited (ASX:AUZ) is pleased to announce that surface drilling will recommence at Mt Martin on Monday 14th June 2010 to further define new resources at Mt Martin.
Australian Mines Limited (ASX:AUZ) is pleased to announce that surface drilling will recommence at Mt Martin on Monday 14th June 2010 to further define new resources at Mt Martin.
Mt Martin RC Drill Results East Lode Pit May 2010
Australian Mines Limited (ASX:AUZ) is pleased to announce very encouraging results from its latest RC drilling under the East Lode pit at the Mt Martin Project
Australian Mines Limited (ASX:AUZ) is pleased to announce very encouraging results from its latest RC drilling under the East Lode pit at the Mt Martin Project
Drilling Recommences at Mt Martin 20/04/10
AUZ Mines which announced encouraging results on 6th April from drilling its 100% owned Mt Martin gold project will be recommencing drilling this week.
AUZ Mines which announced encouraging results on 6th April from drilling its 100% owned Mt Martin gold project will be recommencing drilling this week.
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