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Australian Mines Ltd

Australian Mines exploration manager updates on Sconi Project

Australian Mines Ltd (ASX:AUZ) exploration manager Stuart Peterson updates Proactive Investors on the Sconi Cobalt-Nickel-Scandium Project, which is located in North Queensland, Australia.

A considerable resource upgrade at two deposits was recently announced, and the company does plan to expand resources further through drilling later this year.

An optimised Bankable Feasibility Study (BFS) is underway, and the  project has been awarded Prescribed Project status by the Queensland Government.

Quick facts: Australian Mines Ltd

Price: $0.03

Market: ASX
Market Cap: $96.45 m
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