ActivEX Limited (ASX: AIV) ('ActivEX' or 'the Company') provides the following summary of activities undertaken during the quarter ended 30 June 2020.
Summary and Highlights
Field based exploration has commenced within the Ravenswood Project with the work managed by Joint Venture (JV) partner Ballymore Resources Pty Ltd
In conjunction with the geological mapping Ballymore Resources collected seventy two (72) rock chip samples were collected and submitted for gold and multielement geochemical analyses. Results from the program in the Seventy Mile Mount - Matthews Pinnacle area returned, best rock assays up to 86.2 g/t gold and 467 g/t silver (ASX Announcement: Ravenswood Gold Project exploration results, dated 24/07/2020).
Field based exploration programs for the Gilberton Gold Project are expected to commence in the September Quarter 2020 subject to COVID19 access conditions in Queensland.
ActivEX Canning, a 100% owned subsidiary of ActivEX has purchased (ASX Announcement: Acquisition of Tenements in Queensland, dated 9/06/2020) nine (9) EPC's in Queensland's Bowen Coal Basin from a private company Civil and Mining Resources Pty Ltd (CMR). In addition, the company has lodged an application for a coal tenement in the WA Canning Basin adjacent and down dip from the Duchess Paradise JORC Coal Resource.
Contact:
Tel: +61 2 9251 9088
Email: admin@activex.com.au
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