AGES 2013 Presentation
Perth, Mar 19, 2013 AEST (ABN Newswire) - ABM Resources (
ASX:ABU) is pleased to present a technical exploration presentation. The presentation will be delivered by ABM's Exploration Manager Mr Pascal Hill at the Northern Territory Geological Survey Annual Geoscience Exploration Seminar on Tuesday 19th March, 2013 at 11am in Alice Springs.
Due to the nature of this seminar the presentation focuses on ABM's regional exploration potential and work.
ABM is primarily focused on the advancement of the Twin Bonanza Gold Camp which includes the Old Pirate High-Grade Gold Project and the Buccaneer Porphyry Gold Project, however, the Company remains committed to regional exploration. In 2012, the Company conducted extensive regional geochemistry programs using the low-cost ionic-leach geochemistry method. This work is used to prioritise large areas into potentially drill ready targets.
In summary the 2012 work presented in the attached presentation details:
- More than 1000 square kilometres of terrain covered.
- 13 new large scale targets based on geochemical anomalies along with interpretations of geophysical and prospecting data including:
- 9 of the 13 targets which show a geochemical response of a magnitude and extent greater than the Buccaneer Porphyry Project (which was used to benchmark the regional work).
Darren Holden, Managing Director of ABM Resources said, "We have consistently asserted that the Central Desert of Australia is the final frontier for gold discovery in Australia. The lack of previous exploration in a gold province proven to host world-class systems is what drives our exploration team to innovative and systematic work. As we progress the Old Pirate High-Grade Gold Project through the development phase we will continue to prioritise regional targets with this low-cost discovery focused activity."
To view the full presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ABU-628994.pdf
About ABM Resources NL
ABM Resources (ASX:ABU) is developing several gold discoveries in the Central Desert region of the Northern Territory of Australia. The Company has a multi-tiered approach to exploration and development with a combination of high-grade production scenarios such as the Old Pirate High-Grade Gold Project, large scale discoveries such as Buccaneer, and regional exploration discoveries such as the Hyperion Gold Project. In addition, ABM is committed to regional exploration programs throughout its extensive holdings including the alliance with Independence Group NL at the regional Lake Mackay Project.
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