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Additional Information
Market: ASX
Sector: General Mining
Epic: ASX:AQD
News: Latest news
Web Site: AusQuest Limited
Other Articles: 17-08-2009

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Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

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Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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AusQuest Limited

AusQuest Limited

AusQuest is principally engaged in the exploration and evaluation of mineral resources in Australia. A 6,000 meter RC/Diamond Drilling program commenced in May 2008, to test the manganese potential of the Company’s Table Hill Project, located east of Newman in Western Australia.
Monday, August 17, 2009

AusQuest increases Rocklea iron ore resource by 68% in Western Australia

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AusQuest (ASX: AQD) has picked up the pace at its Rocklea Channel Iron Ore Project, 40 km west of Tom Price in the Pilbara in Western Australia.

The new updated inferred resource at Rocklea is 63.1 m/t grading 53.4% Fe (60.4% calcined). This also includes at higher grade component of 28.2 m/t grading 55.6% Fe.

AusQuest has an additional Exploration Targets of up to 10.9 million tonnes for the lower grade case and 3.9 million tonnes for the higher grade case at similar grades to the Inferred Resource for the Rocklea Prospect.

The resource looks capable of being extended to the south and east of the current resource boundary - as there is an additional 1,000 metres of potential strike length not yet been drill tested.

Metallurgical test-work indicates that iron grades could be upgraded by removing fine fraction from the more clay rich sections of the channel iron materials in the resource.

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