Ausminerals Limited
Ausminerals Limited is an established mining company with gold, nickel and cobalt and copper tenements at Randwick, north of Kalgoorlie in WA as well as gold, uranium, base metals and industrial minerals tenements in South Australia and an established agricultural and industrial minerals production facility in Victoria.
Company Profile
The company holds well advanced gold, nickel, cobalt and copper prospects in West Australia which represent early targets for development. Good results have been recorded in historical exploration and drilling by Ausminerals at Randwick and results show that the gold is at or near surface and includes;
* 13 metres at 10.3 grams of Gold per tonne
* 1 metre at 68 grams of Gold per tonne
* 1 metre at 59 grams of Gold per tonne
* 14 metres at 2.22 grams of Gold per tonne
Ausminerals Group also holds a highly prospective Gold, Uranium, base metals and industrial minerals exploration license and mining leases in South Australia which are scheduled for production during 2009 once a fine grinding facility has been constructed.
The Ausminerals Board has a proven track record of recognising and rapidly advancing under-explored projects and these skills shall ensure maximum returns from the substantial exploration portfolio.
Our Mission
Ausminerals ultimate goal is to achieve recognition as a premier Australian owned and controlled gold, nickel, cobalt, uranium, agricultural and industrial minerals exploration and production company, based on the quality of its operations and growth potential of its assets.
News
AUSMINERALS HAS INSTALLED A NEW GRINDING PLANT AT THE VICTORIAN OPERATION AND COMMISSIONING IS WELL UNDERWAY. ONCE FULLY OPERATIONAL IT WILL FACILITATE PRODUCTION OF A WHOLE RANGE OF HIGHER VALUE NICHE MARKET PRODUCTS. DETAILS OF THE OPERATIONS OF THIS SUBSIDIARY ARE AVAILABLE AT THE KURDEEZ WEBSITE.
THE COMPANY HAS SECURED A GOLD TENEMENT CLOSE TO PINE CREEK IN THE NORTHERN TERRITORY AND AN ADDITIONAL GOLD PROSPECTING LICENCE ADJACENT TO ITS TENEMENTS AT LEONORA, NORTH OF KALGOORLIE IN WA.
ANNOUNCEMENTS available at www.nsxa.com.au (Code AUE)
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News
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*Mill CONSTRUCTION Update
*SHAREHOLDER UPDATE 3/6/09
*SHAREHOLDER UPDATE 01/7/09
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AUSMINERALS LIMITED
CAPITAL RAISING
Ausminerals Limited ACN 099 336 866 has announced a capital raising by way of placement to sophisticated investors and existing shareholders. These investors can download information below.