An­other dis­cov­ery at Golden Mile

The Australian Mining Review - - NEWS: NEWS EXPLORERS ON THE MOVE -

AUSMEX has found a fourth his­toric high-grade gold mine at its Golden Mile project in QLD fol­low­ing re­verse cir­cu­la­tion (RC) drilling at The Fal­con.

As­say re­sults from Fal­con West Reef turned up best re­sults of 4 me­tres at 18.93 grams per tonne (g/t) within 8m grad­ing at 10.55g/t, while Fal­con East Reef turned up 5m at 7.23g/t within 10m at 3.78g/t.

Ausmex manag­ing direc­tor Matt Mor­gan said the com­pany was only half way through its maiden drilling pro­gram, with up to an ad­di­tional five known his­toric high-grade mines still to be drill tested.

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