VTEM Geophysical survey completed at Arizona VMS project

United States focused explorer Australian-American Mining Corporation Limited (ASX: AIW) (“AusAmerican” or “the company”) is pleased to announce that Geotech Ltd (“Geotech”) has completed the VTEM geophysical survey at the Blue Bell and De Soto VMS projects.

Approximately 435 line km’s were flown over the entire project area. The survey data has been forwarded to the company’s consultant geophysicist for interpretation and the results will be released shortly.

The purpose of the VTEM survey was to identify anomalies at both Blue Bell and De Soto and the prospective, but until now unexplored Gap area, which runs 5km between the two projects. Of the seven high grade lenses that were mined at Blue Bell, only one outcropped, so the company is hopeful that undiscovered lenses exist in the area of the old mines as well as in the Gap.

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Category: News Story

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