AIC Mines Ltd IAUFF

Metals & Mining Industrial Metals & Minerals

AIC Mines Limited is an Australia-based resources company. The Company is engaged in the exploration, mine development, mine operations and the sale of copper concentrate in Australia. Its projects include the Eloise Copper Mine, Marymia Project and Lamil Project. The Company owns the Eloise Copper Mine, a high-grade operating underground mine located Southeast of Cloncurry in North Queensland. It is also advancing a portfolio of exploration projects that are prospective for copper and gold, which include Jericho Copper Mine, Pyramid Project, Delamerian Project, Peake and Denison Copper Project and Windsor Base Metals Project. The Eloise Regional project consists of approximately 2,000 square kilometers (km2) of contiguous tenure. The Marymia Project is located approximately 160 kms south of Newman in the eastern Gascoyne region of Western Australia and covers approximately 3,600 km2. The Lamil Project is located in the Paterson Province of Western Australia.

OTCPK:IAUFF - Post by User

AIC Mines Ltd

Bullboard Posts

Comment by clarkesandyon Feb 08, 2008 10:26am

220 Views

Post# 14338298

RE: Nice intercept...

Very nice intercepts indeed.
I think that the ones on here who posted that Paulson will be closing in two years are looking at the bigger picture.
That much gold in the first drill results is very promising and with further step out drilling I am sure they will be able to shore up more ounces to keep this mine open much longer.
More news coming on the drill results on the other properties and with news on construction of the new mine too.
Should be good with gold heading to new highs next week.
Glta
C.S.

Bullboard Posts

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal