Auvex Resources Ltd. "Minerals For Steelmakers"

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NEAR PRODUCTION

Ant Hill and Sunday Hill JV, WA – 50% Auvex owned MESA Mining Joint Venture

  • Early entry into production.

  • Mesa Mining has submitted the Mining Proposal to allow full scale mining of 300,000 tonne of high grade Mn ore increasing to 500,000 tonne within 3 years.

  • Trial mining at Ant Hill has produced 33,000 tonne of 44.75% Mn and 50,000 tonne of plus 35% Mn ore ready for sale to world markets.

  • Direct ship ore by crushing and screening – technically simple and low operating costs.

  • Mesa Mining intends to have Ant Hill in full production in Q1 2010.


EXPLORATION

Horseshoe, WA - 100% Auvex owned – next to produce
  • High grade MN outcrops.
  • Potential for at least 3M tonne Mn resource based on known outcrops.
  • Detailed mapping to start Sunday 19 July 2009.
  • Drilling scheduled to start mid-August 2009.
  • High grade iron outcrops to be mapped and drilled.
  • Approvals will be fast tracked to trial mine bulk samples.
  • Production expected at 200,000 tonnes per annum by early 2011.


Georgina Basin, NT – 100% Auvex owned
  • Potential for multi million tonne deposits in outcrop and under cover.
  • Outcrop samples are high grade – 45%.
  • Size of area 800,000 ha of Mn belt.
  • Surface sampling of outcrops for conductive properties and grades to identify conductive properties used to identify best geophysical methods to use for airborne survey, if available then V Tem used to find all major hidden ore bodies with follow up I.P. testing.
  • Work to start from Lucy Creek and move over 50 km2.
  • Following a site visit to the Lucy Creek tenement at our Georgina Basin project a number of samples were taken. The sample are being sent to Perth for assay and conductivity tests. A number of photographs were taken on site and show the extensive Manganese outcropping which covers large areas within the project.  ( Please click on this link for photos ).
  • Subject to exploration success full time production could be underway within 18 months.
  • NT allows trial mining parcels up to 40,000 tonnes.
  • NT Government approvals most streamlined in Australia.
  • Long term plan to generate resources to sustain 500,000 tonne per annum high grade Mn.


Mt Egerton, WA – 100% Auvex
  • 25km strike lengths of outcropping Mn.
  • New Mn province.
  • Major potential for multi million tonne deposits.
  • Rock chip samples are high grade – low in Fe and contaminants.
  • 700kms from Port Hedland port.
  • 3 year time frame to explore and commence production.