Project 4

FORSAYTH PROJECT, QUEENSLAND

Posted on Posted in AUML Updates, Projects

The Company has intensified its regional exploration program in the Forsayth area with the view of increasing the current resource base and to develop a JORC compliant resource of a sufficient volume to commence scoping studies for the additional construction required to bring the Ropewalk plant into production.

During the reporting period Australia United Mining engaged the Shandong Number 6 Geological Brigade to undertake an exploration program at Forsayth which included, but was not limited to, geological mapping, sampling, topographic surveying and the Company conducted a 53 hole drill program (for 9,215 metres in total) to test extensions to the known mineralisation. They also undertook some 4,653 metres of trenching.

Geological mapping was undertaken over an area of interest that covered an area of ~23 km2.