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Tag: Golden Mile

Trump in the picture as Tombola gears up to mine

Written by dev on . Posted in All News, Copper, Exploration, Gold.

Bonanza gold results have Tombola Gold taking a close look at how the Trump prospect could fit into its Cloncurry production plans.

Drilling at Trump last year delivered high-grade intersections including 6m at 32.90g/t fold - including 4m grading at 48.90g/t gold - within a total intersection of 153m continuous copper gold and cobalt mineralisation.

The company said Trump, located east of its advanced Mount Freda project, would receive an upgrade in priority for possible high grade-ore supply to that project's production.

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Ausmex sinks its fangs into King Brown copper-cobalt find

Written by dev on . Posted in All News, Copper, Exploration, Gold.

Ausmex Mining Group is ramping up exploration efforts around the King Brown outcrop after costean samples producing high-grade copper and cobalt results.

It is only through delays in gaining the mining lease for the nearby Golden Mile gold project outside Cloncurry that the company turned its attention to exploring the King Brown area.

Ausmex geologists commenced multiple costeans over visual outcrops of mineralisation west of King Brown and discovered additional zones of possible associated mineralisation, the company said.

Samples assayed by handheld NITON. . .

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Ausmex continues progress at Cloncurry gold sites

Written by dev on . Posted in All News, Exploration, Gold.

Ausmex Mining Group says it is stepping closer to gold production in the Cloncurry area, with infill drilling to be completed at Golden Mile by the end of the month and upgraded resources estimates to follow.

The company is focusing on the three most western of the eight historical gold mines in its Golden Mile project - the Comstock, Falcon and Shamrock sites.

It said it planned to commence gold production this quarter, dependent on the mining lease being granted.

The feasibility study for the three Golden Mile mining projects was beingundertaken by Minecraft Holdings and was already well advanced, the. . .

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Ausmex Mount Freda complex

Golden Mile mines in fast lane for 2021 start

Written by dev on . Posted in All News, Energy, Exploration, Gold.

Cloncurry gold developer Ausmex Mining Group says it expects to start mining in the first quarter of 2021 at the historic Comstock, Falcon and Shamrock gold mines.

They are part of a group of eight high-grade historical gold mines thatmake up the Golden Mile project.

Independent mine management group Minecraft had been appointedmanagers of the project, Ausmex managing director Aaron Day said in an announcement to the ASX this week.

The start date was subject to mining lease approval for the Golden Mile project and the plan of operations by the State Department of Natural Resources, Mines and Energy. . .

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Como enlisted as Ausmex weighs up processing options

Written by dev on . Posted in All News, Copper, Gold.

Ausmex has brought Como Engineers onboard to help weigh up its processing options as it pushes ahead with plans to start producing gold by the end of the year.

The company plans to establish a Cloncurry mining hub with multiple pits centred on the Mount Freda and Golden Mile gold projects.

The operations would employ 50-100 people, and Ausmex executive director and chief operating officer Geoff Kidd said the company planned to use a local workforce and to support local business.

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Ausmex sights set on 2020 gold start

Written by dev on . Posted in All News, Exploration, Gold.

Ausmex Mining says it is committed to fast-tracking the Mt Freda complex into production in 2020 as high-grade gold results continue to roll in from its drill program.

The company aims to release a maiden JORC resources estimate for the combined Mount Freda complex and Golden Mile projects near Cloncurry by late November.

It will then kick off a mining study and plan of operations to re-open Mt Freda.

The timeline Ausmex released. . .

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