AUSSIE Q RESOURCES: MEDIA RELEASE
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23 October 2007
AUSSIE Q RESOURCES CONFIRMS FOUR-FOLD EXPANSION OF MINERALISATION AT WHITEWASH COPPER/MOLYBDENUM PROJECT
Key Points
- Detailed mapping shows strong mineralisation extends over an area more than four-times the size of current drilling program
- Strong
mineralisation now shown to extend over an area of approximately 2.2km by 1.5km
- Helps confirm the Company’s belief that the project area is open in all directions, with mineralisation continuing outside the drilled
area
Queensland-based minerals exploration company Aussie Q Resources (“Aussie Q,
“the Company”) (ASX: AQR) is pleased to announce that detailed mapping of results from the current drilling program at the
Company’s Whitewash Copper/Molybdenum Project near Monto in Central Queensland indicate the existence of an area of strong mineralisation significantly larger than that covered by the present drilling.
The Company’s current drilling program at
Whitewash is focused on increasing the density of drilling in a section of mineralisation approximately 1000 metres by 750 metres. Detailed mapping now shows that strong mineralisation extends over an area of a minimum 2.2km by 1.5km at the project, or
four times the areal extent of the current drilling.
The Whitewash results to date show that some of the highest grade drill holes are on the periphery of the present drilling. This helps confirm the Company’s belief that the Whitewash project
area is open in all directions, with mineralisation continuing outside the drilled area.
For full details please see the attached Media Release that was released by the Company today.
Download the Media Release here.
Aussie Q Resources Limited
ABN 91 121 964 725
Level 1
27-29 Crombie
Avenue
Bundall, Qld 4217
Phone 07 5574 3830
Fax 07 5574 3568
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Aussie Q Ressources
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DEVELOPMENT STAGE |
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CODE : AQR.AX |
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Aussie Q Res. is a copper and silver development stage company based in Australia. Aussie Q Res. develops copper, silver and molybdenum in Australia, and holds various exploration projects in Australia. Its main asset in development is WHITEWASH in Australia and its main exploration properties are GORDON'S KNOB, KILDARE, KIWI CARPET and RAWBELLE in Australia. Aussie Q Res. is listed in Australia. Its market capitalisation is AU$ 1.2 billions as of today (US$ 851.5 millions, € 752.7 millions). Its stock quote reached its lowest recent point on December 25, 2015 at AU$ 0.03, and its highest recent level on February 21, 2020 at AU$ 4.10. Aussie Q Res. has 347 829 984 shares outstanding. |