Imo - there had been an obvious trail of information and data being thrown up by AusMex , into this week.
Also news and speculation around the discovery by Newcrest -** alluded to by Newcrest , since late August last year .
Newcrest explorations , immediately on the border on their 70% held side , they have not announced any rationale for their work or results from their high - value diamond drillings ! Plus the fact that is known well that they returned to target drill more , neighbouring AMG . Also what known of past Exco and Resources companies works since ever in the 1970s .
Even the government- has undertaken very recent independent investigation and advanced technology analysis of the huge NT — Western Qld Region , centred in on what appears to be a compelling region near Cloncurry , as well as known mineralisation areas Mt Isa region and adjacent near Cloncurry . Large and significant masses , seemingly deep mammoth structural zones - lit up like a beacon on Govt models and Mapping .
All has been signalling huge potential and significance economically , for large deep ore system / or ore bodies .
AusMex was fortunate to have very astutely been able to acquire the extra land , and larger compelling tenement overall
Enlistment of the Professor expert geological analyst , likely swiftly in recent weeks , demonstrates loyalty by people who’ve been involved and feel strongly here .
The release of as much data as could be publicised , to actively get the news and comprehension of the likely Resources held , out into general market and to be Known - was important .
It would have been negligent of the company , and management had worked very hard and their life’s efforts at this point - needed to urgently promote what they could tell. Show an unaware market and tell the story , not to be still sold down in shareprice , & market unaware of potentials .
Fair to say - was at level of being easy prey!
Interesting, very hopeful time - I love that this brings new inspiration and stimulus for Cloncurry and Western Queensland people . Poor people have had struggle forever . Marvellous for the town & region.
Good to see invigoration from o & g advancements and now more mineral resources . Occuring for the Roma area - Roma Surat basin , up into the Charters Towers , and Cloncurry -Mt Isa Region .
N. Territory also gaining some long overdue traction maybe .
If you’re young - some good opportunities to get a decent start in life , western and remote areas - NSW - and Western Qld .
Anyway I think it looks real . Next months going to be pivotal .
AMG need the money to Go , do further highly targeted drilling - bring on a new campaign as soon as possible .
If JV potential partners - hope they can determine best fit . Be fair .
SOLs also in the mix - how good are they .
( wish that I still held shares in them; though we never know who may own any new resources that get up into mining production , within a few years time )
Hope it will be a good story for all shareholders here . Help many people .
Highly positive times for the company looking forward now .