New England
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.
Kingsgate Overview
Located 20km east of Glen Innes, the Kingsgate Mine was the second largest producer of molybdenum in Australia. Much of the ore was mined from high grade quartz pipes between the 1880's and 1920's. No modern exploration had been completed prior to Auzex acquiring the project. Detailed exploration commenced in late 2004 culminating in a Feasibility Study completed in December 2008.
Klondyke/Seven Hills Overview
The Klondyke/Seven Hills Gold Project is located 40km north-east of Glen Innes, NSW and only 30km from the Company's Kingsgate Molybdenum Project.
