Announcement Date: 2021-11-30
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: AIC Mines Ltd.
Project name: Marymia
Location: Australia
Commodities: Gold
Highlight: Amended – Multiple targets identified from airborne electromagentic and soil surveys
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 the results from the recently completed airborne electromagnetic survey and soil geochemistry program completed over the Copper Hills Belt, part of the Marymia Project located in the Gascoyne region of Western Australia. The results reinforce the view that the belt has the potential to host copper mineralisation in a setting similar to that hosting the DeGrussa Copper Mine. The Copper Hills Belt occurs at the northern end of the Company’s large Marymia Project located 160 kilometres south of Newman in the Gascoyne region of Western Australia. The Marymia Project captures over 3,600 km2 of tenure that is prospective for both gold and copper
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