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ASHBY MINING LIMITED - Discussion

Ausmex Mining Group Limited, formerly Eumeralla Resources Limited, is an Australia-based... Ausmex Mining Group Limited, formerly Eumeralla Resources Limited, is an Australia-based mineral exploration company. The Company’s principal objective is acquiring assets to explore for and develop iron oxide, gold and copper (IOGC) or porphyry deposit funded by low-risk gold production resources. Its projects are located in two regions: Queensland and South Australia. It has a license covering approximately 970 square kilometer (km) prospective for gold/copper in the Mount Bryan-Red and Banks-World’s End area near Burra in South Australia. Its Queensland projects include Evening Star IOCG/ Oxide Project, Flamingo IOCG Project, Gilded Rose Gold Project, Morris Creek IOCG Project, and Mt Freda Gold Project. The Gilded Rose Project is located approximately 15 km east-southeast of Cloncurry. Mt Freda Gold Project lies approximately 40 km southeast of Cloncurry. The Evening Star Project is located approximately 40 km southeast of Cloncurry.More