XAO 0.21% 8,592.3 all ordinaries

Short Term Trading Week Starting: 9th Apr, page-51

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    STTCOMP AOA, FA LONG
    Ausmon Resources - an Australian exploration company which aims to grow by acquiring interests in prospective precious and base metals, energy related resources and other minerals tenements.
    MC $2.2m
    Cash $473,000 at end of December 2017

    As per ASX announcement this afternoon:

    AUSMON INVESTS IN EMERGING AUSTRALIAN COBALT MINING REGIONS IN NSW AND QLD

    HIGHLIGHTS
     Approximately 628 km2 of prospective cobalt ground across NSW and QLD to be acquired.

     Close proximity to Thackaringa Cobalt Project (EL6622, near Broken Hill in NSW) where Cobalt Blue Holdings Ltd has announced a major cobalt resource upgrade as well as partnership with multinational conglomerate LG International (see ASX:COB announcements).

     20 kms from Sconi Project in QLD, considered as one of the most advanced cobalt projects in Australia operated by Australian Mines Limited (see ASX:AUZ announcements).

     32 kms strike of potential host rock of Cobalt Nickel Laterite east of Mt. Cobalt in QLD operated by Aus Tin Mining Ltd (see ASX:ANW announcements).

    SORRY THAT WAS SUPPOSED TO BE FA LONG NOT TA LONG
 
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