AMG has notified its joint venture partner that it has met the requirements to increase its interest to 60% in the Burra tenements.
() has drilled two RC holes at priority conductor target #1 at the Princess Royal Prospect within its Burra Project in South Australia.
Drilling is part of a 3,000-metre reverse circulation (RC) drill program at the Princess Royal and Mullaby prospects testing recently identified priority targets.
The two RC holes were drilled to around 240 metres and samples from those holes have been sent for laboratory analysis.
Notably, the drilling means AMG has surpassed the expenditure required to earn a 60% controlling interest in all of the Burra tenements of ().
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Ausmex Mining Group Ltd named herein, including the promotion by the Company of Ausmex Mining Group Ltd in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE