Australian Mines LimitedASX: AUZ

Flemington PFS Fast-Tracked to Assess Scale-Up to 180 tpa

· Issued by Australian Mines Limited

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Australian Mines Limited has announced that the Pre-Feasibility Study for its Flemington Scandium Project will be fast-tracked to evaluate the potential to increase annual production significantly. The study will run concurrently with a drilling program aimed at expanding the existing Mineral Resource and providing material for metallurgical testing. This initiative follows a previous Scoping Study that indicated strong economic potential for the project. The PFS is expected to take six to nine months to complete and will assess various technical and economic factors.

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