Announcement Date: 2021-11-22
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: AIC Mines Ltd.
Project name: Eloise
Location: Australia
Commodities: Gold,Copper
Highlight: Drilling results incl. 12.25m @ 6.0% Cu, 1.94g/t Au from 131.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: AIC Mines Limited (ASX: A1M) (“AIC” or the “Company”) is pleased to report that definition drilling of the Eloise Deeps deposit has returned excellent results and supports near term production forecasts. Reinvigoration of exploration at Eloise has commenced with electromagnetic geophysical surveys underway and planning for surface drilling and additional underground drilling now well advanced. An infill definition drilling program consisting of 10 holes for a total of 2,285.6 metres, on a 25m x 25m spacing, was recently completed on the z305 Level, at the base of the Sub Level Cave (SLC) (1500mBSL). The objective of the program was to infill wide-spaced resource drilling and to use the information for final mine design, scheduling and grade estimation of the SLC. The results have confirmed the widths and grades intersected in the initial resource drilling and have extended the high-grade mineralisation in the hanging wall lode in hole ED167 to the south.
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. Enjoy 10 days free when you sign up to our Essential Plan.

Standard

$ 10
Per Month

Stay up to date with the global mining industry.

  • The opaxe Review
  • Search using Explore
  • 32,000 searchable announcements

Premium

$ 100
Per Month

For lots of data and notification of new announcements.

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data