AUZ Stock Discussion

Australian Mines Limited   Description

Australian Mines Limited is a resource company. The Company targets copper, nickel and gold deposits across Australia. The Company's principal activity is the exploration for gold and base metals. The Company operates in two geographical segments being mining and exploration activities in Australia and Nigeria. The Company's projects include Doolgunna-Marymia project, Arunta West project and Marriotts Nickel project. The Company primarily focuses on the Dixon Gold Prospect within the Doolgunna-Marymia project. The Doolgunna-Marymia project is located in the Northern Goldfields of Western Australia. The Dixon Gold Prospect is located approximately 50 kilometers southeast of the Plutonic Gold Mine. The Company also owns Marriotts Nickel project, which is located approximately within 20 kilometers of the Sinclair Nickel Mine and processing plant. The Company has not generated any revenues.

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Gold Chemistry Metal Copper Natural Sciences Metals Nickel Base Metal Mines Gold Mine Goldfield Nickel Mine Nigeria