Auzex Resources (AZX)

Shares / Stock Code

AZX

Stock Exchange / Sharemarket

Australian Securities Exchange

Auzex Resources (AZX) is in the business of mineral exploration which was incorporated on 29 September 2003 and listed on the ASX on 4 October 2005. It is located in 10 Eagle Street, AMP Place, Level 30, BRISBANE. Currently, Mr John Lawton is working as the Executive Chairman of Auzex Resources (AZX). Auzex Resources (AZX) is a minerals exploration company with projects located in New South Wales, Queensland and New Zealand. The company's exploration focus is on molybdenum, tungsten, gold, tin, silver and bismouth.

Auzex Resources has identified a number of priority targets in four Project Areas in North Queensland, New England, Western Australia and the West Coast of New Zealand. The Western Australian Project area is located in world class gold province The Yigarn Craton at Bullabulling, north west of Perth. More than 160 gold deposits have been found to date with resources greater than 1 tonne of gold and 19 are greater than 100 tonnes of gold.

The North Queensland Project areas are situated between Cairns and Mount Surprise. They consist of the Lyndbrook group of tenements (including the Galala Range and Running Brook prospects), and the Khartoum Project. All tenements are 100% held by Auzex and were acquired as a result of the Company's extensive prospectivity modelling studies focusing on Intrusion-Related Granite Deposits.

The New England Project is located in north-eastern New South Wales and southern Queensland, situated between Armidale (NSW) in the south and Stanthorpe (Qld) in the north. The Project area hosts numerous hardrock Molybdenum, Bismuth and Tungsten historical workings in prospective fractionated granites with numerous associated gold and tin workings. The key focus is on the Kingsgate Molybdenum-Bismuth Project, located 20km east of Glen Innes and the Klondyke/Seven Hills gold prospect, locate approximately 50km north-east of Glen Innes.

Auzex's New Zealand Project is located on the west coast of the South Island, situated between the townships of Nelson in the north and Ross in the south. Much of the project area covers the northern extension of the Reefton Goldfield which has historically produced 2.1 Moz gold, with new discoveries awaiting development. Auzex has previously confirmed the potential of the region to host granite related mineralisation. The aim of the initial program is to scope the potential for either granite related mineralisation or Reefton style gold mineralisation. Current work program is focused on the Lyell gold prospect.

Auzex uses geochemical analysis and laser ablation mineral chemical profiling. These techniques assist the company in identifying granite suites that appear capable of producing economic grades of molybdenum, tungsten, gold, tin, silver and bismouth. In addition, As an explorer, Auzex Resources has no customers at present. AZX competes with other companies involved in exploration activities such as BHP Billiton, Rio Tinto and Harmony.

Auzex Resources (AZX) Products and Services

  • Mineral Exploration

Auzex Resources (AZX) Locations and Subsidiaries

Auzex Resources Head Office
Postal Address:
GPO Box 3249
Brisbane QLD 4001

Street Address
Unit 441
30 Macrossan Street
Brisbane QLD 4000

Phone: 07 3333 2722 Fax: 07 3832 6317

Auzex Resources (AZX) Share Price

Submitted by ASX Listed Company on 28 February, 2010 - 00:13

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