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Aussie Q Resources Limited

Aeon Metals Limited is an Australian based mineral exploration company listed on the Australian Stock Exchange. Aeon’s tenements are prospective for Copper, Gold, Lead, Zinc, Cobalt, Molybdenum and Silver.

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Aussie Q Resources is an advanced copper-molybdenum exploration company with a significant resource identified at the Rawbelle project in south eastern Queensland. The company has now embarked on a scoping study including metallurgical test work to assess the Greater Whitewash deposit.

Aussie Q is also in an active drill campaign aimed at delineating further resources to augment the large 242Mt JORC Indicated and Inferred Resource already identified. Further potential exists via a joint venture signed with SLW Minerals, which aims to jointly explore additional targets to the south at no financial cost to Aussie Q.

Aussie Q (ASX: AQR) is a molybdenum and copper exploration company focused on delineating further high grade zones of mineralisation to compliment the substantial resources already identified at the Greater Whitewash deposit.

The ‘Greater Whitewash’ deposit is the company’s primary asset and is located in south-eastern Queensland near the town of Monto. The Whitewash project lies along a 5km strike and hosts a 242Mt JORC resource @ 604ppm MoEq, with over 76% of the resource in the Indicated catogory.

The company is currently undertaking a 10,000m drilling campaign targeting highly prospective areas within Greater Whitewash as well as highly prospective satellites in the surrounding area. Scoping and metallurgical studies also underway and are expected to be completed by year end.

Aussie Q recently signed a A$4m funding agreement with Hong Kong based SLW Minerals to jointly explore the nearby and prospective Kildare and Oakey Creek targets. This JV provides leverage to potential exploration success in these prospective tenements at no cost to Aussie Q.

Earlier this year, Aussie Q announced an upgraded JORC Resource on the primary ‘Greater Whitewash’ project located at the Rawbelle group of tenements in south eastern Queensland. The upgraded 242Mt @ 604ppm MoEq resource contains 138.4 million pounds of molybdenum, 283kt...

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Markets: Copper, Molybdenum