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AIC Mines: Receives exploration license for Lamil Project

AIC Mines: Receives exploration license for Lamil Project

  • AIC Mines (A1M) has granted an exploration license for the northern half of its Lamil Gold-Copper Project
  • Then the project sits in the Paterson Province of Western Australia, which considered to largely under-explored
  • AIC Mines had previously thought that the depth of cover to the main targets at the Lamil Project was at least 400 metres
  • Campaign planning currently underway, and expected to include a combination of reverse circulation and diamond core drilling
  • Surveys in support of the drilling scheduled from late July until early August this year, with drill work anticipated to begin in September
  • AIC Mines is trading 6.25 per cent lower at market close, priced at 30 cents each

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