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Australian Mines doing 'a phenomenal amount of drilling' for BFS at Sconi

Australian Mines Ltd (ASX:AUZ) exploration manager Stuart Peterson updates Proactive Investors on development of the company's flagship Sconi Cobalt-Nickel-Scandium Project in northern Queensland.

A 50,000-metre drill program is underway there currently, targeting three areas, including resource expansion drilling on the Greenvale deposit. A Bankable Feasibility Study (BFS) on Sconi is nearing completion.

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Price: 0.025 AUD

ASX:AUZ
Market: ASX
Market Cap: $86.12 m
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Australian Mines exploration manager updates on Sconi Project

Australian Mines Ltd (ASX:AUZ) exploration manager Stuart Peterson updates Proactive Investors on the Sconi Cobalt-Nickel-Scandium Project, which is located in North Queensland, Australia. A considerable resource upgrade at two deposits was recently announced, and the company does plan to...

on 18/2/19

2 min read