AQR 0.00% $3.50 apn convenience retail reit

News: Aeon Metals upgrades resources at Queensland base metals project

  1. Aeon Metals (ASX:AQR) has increased Resources at its Walford Creek Base Metal Project in northwest Queensland by 52% to 73.3 million tonnes at 1.43% copper equivalent.

    The updated estimate included 17 infill and 2 extension holes the company drilled in late 2014.

    This also confirmed exploration potential with an extension of the mineralised stratigraphy 2 kilometres along strike to the west

    Contained metal increased to:

    - 296,000 tonnes copper from 113,000 tonnes;
    - 623,000 tonnes zinc from 213,000 tonnes;
    - 626,000 tonnes lead from 235,000 tonnes;
    - 55 million ounces of silver from 25Moz; and
    - 60,000 tonnes of cobalt from 35,000 tonnes.

    Further drilling will to commence in the second quarter on targets outside the current Resource.



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

 
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