Nickel Sulphide Exploration
With the collapse of the nickel price nickel exploration has become secondary to gold exploration, but the nickel price will surely recover and Australian Mines has retained all of its nickel resources for the future. Nickel exploration is reported as three entities, namely the Golden Ridge Joint Venture, and he East Location 45 freehold lease near Kalgoorlie, and the Marriotts Project near Leinster.

 

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Latest News
Mt Martin Optimisation Study Results 21 July 2010
The recently completed optimisation study has indicated that an open pit mine would make a significant profit with various treatment options producing 50,000 - 60,000 ozs of Au at a gold price of A$1,300/oz
Mt Martin Exploration Update 9 July 2010
Encouraging results have been received from recent drilling of East Shear North
exploration target which lies to the east of the main Mt Martin pit.
50% Increase in gold Resources at Mt Martin 25th June 2010
Australian Mines Limited (ASX:AUZ) is pleased to announce an increase of approximately 50% in gold resources at the Mt Martin mine.
Mt Martin Resource Definition Drilling Recommences June 2010
Australian Mines Limited (ASX:AUZ) is pleased to announce that surface drilling will recommence at Mt Martin on Monday 14th June 2010 to further define new resources at Mt Martin.
Mt Martin RC Drill Results East Lode Pit May 2010
Australian Mines Limited (ASX:AUZ) is pleased to announce very encouraging results from its latest RC drilling under the East Lode pit at the Mt Martin Project
Drilling Recommences at Mt Martin 20/04/10
AUZ Mines which announced encouraging results on 6th April from drilling its 100% owned Mt Martin gold project will be recommencing drilling this week.
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