Another discovery at Golden Mile

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.