AQD 0.00% 1.1¢ ausquest limited

Ann: South32 Commits to Third Project in Peru, page-2

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    You Bloody Beauty.....


    SOUTH32 COMMITS TO THIRD COPPER-GOLD PROJECT IN PERU AS STRATEGIC ALLIANCE ADVANCES

    The prospect was originally identified from the Company’s proprietary aeromagnetic data as a potential iron-oxide copper-gold (IOCG) target extending over an area several square kilometres in size within a regional-scale potassic alteration anomaly covering many tens of square kilometres.

    South32 will fund drill target definition work at the Cerro de Fierro prospect, expected to commence in July/August 2017.


    The Board of AusQuest is pleased that another of the Company’s exploration projects is being supported by the South32 Alliance and looks forward to reporting further results when they become available.

    Things are looking very busy, believe it or not, this could well be our year...
 
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