AIC Mines Applies for new tenements in NSW
- AIC Mines (A1M) has applied for two exploration licences which cover a combined area of 4280 square kilometres in western NSW
- The licences are prospective for base and precious metals and have been dubbed the Delamerian project to reflect their location within the Delamerian Orogen
- Managing Director Aaron Colleran says the project is a “valuable addition” as AICMines expands its exploration portfolio
- AIC will now compile and interpret data to gain a better understanding of the project’s potential
- Company shares ended the day up 3.02 per cent at 61 cents each