Not drilling but survey - possible it may have shown something - coincides with the period?? But more likely to be QLD holdings
"Ausmex Mining Group (ASX: AMG) ("Ausmex" or "The Company") is pleased to announce the commencement of the next phase of exploration at Burra, with a 5 km spaced grid-based Survey using Audio-Magnetotellurics (AMT). This Survey will increase the data resolution from the initial regional 10 km spaced MT Survey completed in October 2018. This new AMT Survey is designed to further define from surface to a 2,000 m depth, the deposit scale conductive structures previously identified by Ausmex. (Refer ASX release 4th February 2019).
The 5 km AMT survey is focusing on three of the seven targets defined by the the earlier 10 km regional MT grid (Figure 1) with approximately 60 sites planned.
Zonge Engineering and Research Organization (Aust) Pty Ltd have been contracted to collect the geophysics data with the continued assistance of the University of Adelaide (UoA) under Prof. Graham Heinson for ongoing processing and modelling of the data to enhance the UoA’s previous modelling of the MT Survey, aiming at identifying potential conductive mineral pathways and drilling targets.
It is envisaged the initial survey will be completed in the second week of March, with the Company updating shareholders with results once UoA modelling and interpretation has been completed.
AusLAMP is the Australian Lithospheric Architecture Magnetotelluric Project, which allows geoscientists to understand the deep geology of the crust, including signatures of world-class mineral deposits. "
- Forums
- ASX - By Stock
- Burra
Not drilling but survey - possible it may have shown something...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.78M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.8¢ | $23.19K | 610.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 855831 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 360000 | 0.033 |
1 | 242815 | 0.032 |
2 | 450000 | 0.031 |
10 | 885859 | 0.030 |
6 | 606355 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 325517 | 3 |
0.036 | 596637 | 3 |
0.037 | 554120 | 3 |
0.038 | 520000 | 3 |
0.039 | 309800 | 3 |
Last trade - 13.21pm 22/11/2024 (20 minute delay) ? |
Featured News
IVR (ASX) Chart |