Leading the way with innovative solutions
JEMROK has quickly become a leader in underground and civil mining projects and is proud to be assisting Aus Tin with its expansion at its Granville project.
Built on a strong foundation of working with integrity, intelligent and responsible engineering practices, the national company offers an extensive range of modern surface and underground equipment.
It is also a highly respected multi- specialist mining provider, with expertise in mine development and rehabilitation, vehicle and heavy equipment maintenance, light and heavy auto parts procurement, mine production activities, and professional labour hire.
“Jemrok is part of the Kyda Group and currently have ﬁve operational sites throughout Tasmania, NSW and Victoria, along with mining and civil services Jemrok facilities include automotive workshops for maintenance and repair of service ﬂeet and customer vehicles heavy equipment and labour hire,” the company stated.
“While based from our operational sites, our civil engineering and mining teams travel Australia wide, and we are dedicated to providing the highest possible level of service and customer satisfaction.”
Drilling and substantial 3D modelling work has also been undertaken at Aus Tin’s Mt Cobalt copper-cobalt-nickel project in QLD.
“We’ve received some very good drilling results in January this year from Mt Cobalt with results of up to 28 metres at 0.3 per cent cobalt,” Mr Williams said.
“More recently 3D modelling of magnetic data generated three discrete targets with elevated magnetic susceptibilities of 0.2 SI and 0.129 SI iso-layer units were identified, the largest lying approximately 600m below Mt Cobalt.
“Based on collective work to date, the zone of 0.2 SI magnetic susceptibility may represent the sulphide source for cobalt and nickel mineralisation at Mt Cobalt.
“None of the targets have been validly tested by previous drilling and the Company is developing a program to drill test the target zones with a program of three holes up to 650m in depth.”
A geological comparison between Mt Cobalt and Glencore’s Koniambo nickel and cobalt resource in New Caledonia provides some direction for future exploration, supported by recent field work at Aus Tin’s Jackson North.
Both Mt Cobalt and Koniambo are “unusual and almost unique” in that they were deposited in two episodes, firstly by hydraulic fracturing and mixing of meteoric waters, followed an indeterminate time later by supergene enrichment.
Both deposits also exhibit veins of distinctive red-brown, micro crystalline hydrothermal quartz breccia, which has undergone fracturing and resealing above the serpentinite.
Aus Tin said discussions were underway with drilling contractors, and it remained hopeful that pending all regulatory approvals, the next drilling program will commence during the September quarter.
For the next three years, Mr Williams said Aus Tin plans to deliver sustainable tin and cobalt targeting low capital and low operating cost projects in Australia.
Aus Tin said a new $2.5 million funding package would help drive development across Granville, Taronga and Mt Cobalt.
“During the [June] quarter, shareholders ratified a new $2.5M, 24-month convertible security with the Lind Partners on superior terms,” Mr Williams said.
“Following the end of the quarter the Company received the balance of funding and currently holds its highest level of cash since 2013 when it merged with Taronga Mine Limited.
“Funds will be used will be used to meet exploration, development and working capital costs.”
More information can be found at: www.jemrock.com.au.
Mt Cobalt core.
Reverse circulation drilling chips for the first hole of the program at Mt Cobalt.