AIC Mines (ASX:A1M) - Managing Director and CEO, Aaron Colleran
Managing Director and CEO, Aaron Colleran
Source: Aaron Colleran/LinkedIn
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  • AIC Mines (A1M) begins drilling at its Lamil gold-copper project in the Paterson Province of Western Australia
  • A total of 3000 metres of diamond drilling has been planned to test the Lamil Dome, Goodenia and Firebush prospects
  • The Goodenia and Firebush holes will be co-funded under the Western Australian Government Exploration Incentive Scheme grant
  • Drilling will test copper sulphide mineralisation as well as coincident gravity and magnetic anomalies
  • AIC Mines ends the day in the grey with shares trading at 50.5 cents

AIC Mines (A1M) has begun drilling at its Lamil gold-copper project in the Paterson Province of Western Australia.

A total of 3000 metres of diamond drilling has been planned to test the Lamil Dome, Goodenia and Firebush prospects.

The Goodenia and Firebush holes will be co-funded under the Western Australian Government Exploration Incentive Scheme grant.

Lamil Dome

Four holes will be drilled on the eastern area of Lamil Dome where copper sulphide mineralisation is associated with a four-kilometre-long mafic intrusion.

Previous drilling confirmed the presence of alteration and returned a best intercept of one metre at 2.26 per cent copper and 51 parts per billion (ppb) gold from 90 metres.

The drilling will be complemented with downhole electromagnetic (DHEM) surveys to detect any off-hole massive sulphide mineralisation.

Goodenia

One 750-metre diamond hole will be drilled at the Goodenia prospect after drilling in 2020 and 2021 intersected intervals of elevated zinc and lead.

The hole will target a gravity anomaly beneath a halo of base metal anomalism.

Firebush

The Firebush target can be found in the northern end of the project and lies along strike of the Red Dog project that’s held in a joint venture between Rio Tinto (RIO) and Carawine Resources (CWX).

One hole will be drilled at Firebush to test a coincident gravity and magnetic anomaly.

AIC Mines has ended the day in the grey with shares trading at 50.5 cents.

A1M by the numbers
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