Brisbane, Sept 29, 2006 (ABN Newswire) - Auzex Resources (ASX: AZX)is pleased to announce that Trial Mining at the Company's Kingsgate Molybdenum Project (Auzex 100%) near Glen Innes in northern New South Wales, has commenced on schedule with mining equipment mobilised to site today.
Trial Mining is expected to take up to 7 weeks with the aim of confirming the Company's geological understanding, and the geophysical signature, of the high grade molybdenum-bismuth mineralisation, and to provide sufficient material for detailed metallurgy and process design optimisation.
The results of this program will form the basis of a scoping study for development of the project, due to be completed in the first quarter of 2007.
About AUZEX RESOURCES LIMITED
Exploration for valuable metals associated with granite
Contact
John Lawton Executive Chairman Tel: +6 7-3303-0 98