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Ausmex

May 25, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates from Centrex Metals, Zenith Minerals, Ausmex, Aeon Metals, Pure Hydrogen and State Gas in this week’s exploration, mining and processing briefs. Mencel takes the helm at Centrex The company behind the Ardmore phosphate project in North-West Queensland has a new chief executive officer. Robert Mencel is an engineering and mining executive with more than… ...

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Apr 12, 2021
Ausmex sinks its fangs into King Brown copper-cobalt find

Ausmex sinks its fangs into King Brown copper-cobalt find

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… ...

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Mar 04, 2021
Ausmex sitting on 124,300oz gold resource

Ausmex sitting on 124,300oz gold resource

New estimates take the resource at Ausmex Mining Group’s Mount Freda complex near Cloncurry to 124,300oz of gold as the company continues to fine-tune mining plans. Ausmex said it was focused on completing the feasibility study for the historical Mount Freda mine, with the possibility of an open-cut mining operation to extend the pit as… ...

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Jan 25, 2021
Ausmex continues progress at Cloncurry gold sites

Ausmex continues progress at Cloncurry gold sites

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… ...

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Dec 18, 2020
Ausmex firms plans for Comstock gold start

Ausmex firms plans for Comstock gold start

Ausmex Mining Group is continuing to head for an early 2021 start to production at its Comstock gold mine, after a final draft feasibility study indicating a ‘highly robust return on investment’. Comstock is an historical high-grade gold mine that forms part of the Golden Mile project area and lies about 500m north of the… ...

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Dec 03, 2020
Golden Mile mines in fast lane for 2021 start

Golden Mile mines in fast lane for 2021 start

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… ...

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Nov 02, 2020
Ausmex preparing pit for underground mining

Ausmex preparing pit for underground mining

Ausmex Mining Group is continuing a dewatering program at the historical Mount Freda open-cut gold mine as it works towards a planned start to underground mining. Underground operations were expected to commence in early 2021, subject to the completion of resource upgrade work, scoping and cost studies, prefeasibility study and gold price, the company said…. ...

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Jun 26, 2020
Ausmex ‘proactive’ in march towards mining

Ausmex ‘proactive’ in march towards mining

Ausmex has started dewatering the old open-cut workings at the Mount Freda project and moved its first building on site as it prepares to start mining. People would have noticed an increase in activity around Cloncurry in the past few weeks according to the company’s interim managing director Aaron Day, a local resident of 13… ...

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Jun 01, 2020
ActivEX finds backing for Ravenswood gold project

ActivEX finds backing for Ravenswood gold project

ActivEX has entered a new partnership to advance its Ravenswood gold project, covering five tenements in the Charters Towers minerals province. The company has finalised a joint venture and farm-in agreement with unlisted company Ballymore Gold, which would see Ballymore spending up to $2 million to assess and explore the land package. In addition to… ...

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