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AMMG NewsJune 2013
AMMG NewsJune 2013
INSIDE THIS ISSUE
AMMG forging strong relationships with
a Chinese company
99.99% (4N) high purity alumina
achieved
JORC resource foreshadowed at
Rover Range Mineral Sands Deposit
Thermal coal project at Green Range
progressing
Participation at RIU Sydney Resources
Round-Up
Upcoming Mines & Money Beijing
Conference
INFORMATION (as at 03/06/2013)
ASX Code: AKAOptions Code: AKAOBOrdinary Shares: 107.62mShare Price: 0.11cMarket Cap: 11.8mCash: 3.2m (as at 31 Mar 13)Debt: Nil
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AMMG NewsJune 2013
AMMG NewsJune 2013
AMMG forging strong relationships with a Chinese company
Chairwoman and founder of Hanking Group Ms Yang Min and her delegation visiting the chairman of AMMG in Perth
One of China’s largest iron ore mining companies, Hanking
Industrial Group, recently visited AMMG to discuss
co-operation, potential involvement and investment
opportunities in AMMG.
The visit followed a series of high level meetings between
senior executives of AMMG and Hanking Group in Perth,
Beijing, Shanghai and Tianjin last year.
Chairwoman and founder of Hanking Group, Ms Yang Min
and her delegation visited Perth in April, expressing an
interest in AMMG’s diversified suite of exploration projects.
The market potential for bulk minerals in China is significant,
with its processing and manufacturing sectors sourcing
long term supply security. Australia is viewed as a preferred
supplier due to the close shipping distance to China, its
stable government and the recent currency arrangements
between the two countries.
Hanking Chairwoman Ms Yang Min currently holds the
position of deputy to the 11th National People’s Congress
of China as well as vice chairman of the China Mining
Association. She founded Hanking Group in 1992, which
is now China’s largest private enterprises in iron mining
and processing. The company was ranked highly in three
corporate lists for top 100 taxpaying enterprises in China.
Hanking Group already has a strong presence in Western
Australia with the recent purchase of the Marvel Loch
operating gold mine in Southern Cross.
Following discussions held it is evident that Hanking Group
intends to focus on the development of iron, nickel, gold
and silver projects, perfecting exploration and mining
techniques.
Photo of one of Hanking Group’s iron ore mining operationsSource: Hanking Group website
Chairwoman and founder of Hanking Group Ms Yang Min and her delegation visiting the chairman of AMMG in Perth
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AMMG NewsJune 2013
AMMG NewsJune 2013
99.99% (4N) high purity alumina (HPA) achieved
AMMG successfully produced 99.99% (4N) high purity alumina (HPA) using its innovative low-energy processing technology.
In February this year the company announced the production of >99.9% (3N) HPA; a washing trial was subsequently conducted to achieve the higher 4N purity.
AMMG’s managing director, Ric Dawson said “given these latest results, we will now aim to produce higher 5N or 6N purity levels, which demands a higher price.
“AMMG is now reviewing the next steps to progress the project and we are scoping the design, construction and financing options for a HPA processing facility”, he said.
>4N HPA is priced at US$40/kg to US$300/kg, depending on the level of purity and particle size.
HPA is a necessity for the high-tech industry and is used for its superior hardness, efficient electrical conductivity and superior corrosion resistance.
HPA is used in the LED industry, semiconductor industry (smartphone or computer screen backlighting) and hybrid cars.
AMMG’s 100% owned South West HPA project has generated significant customer interest, with samples of aluminous clay from the Kelly trial test pit being dispatched to various international parties.
The company’s aluminous clay deposits are primary or in-situ and contain extremely low levels of impurities.
The company is also progressing the development of the aluminous clay resource in its own right for non-paper and filler market applications.
AMMG’s 99.99% (4N) HPA sample
Inspecting former acid-based processing facilities
Aluminous clay trial test pit (samples dispatched internationally)
Existing infrastructure at Meckering; note the aluminous clay in the rail cutting
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AMMG NewsJune 2013
AMMG NewsJune 2013
JORC resource foreshadowed at Rover Range Mineral Sands Deposit
AMMG acquired a 45-block exploration licence approximately 5kms north-east of Karridale in the lower south-west of Western Australia.
The Glenarty Creek Mineral Sands Project is approximately 150km2 in size, made up of two exploration licences, one in application and one granted.
AMMG’s 100% owned Glenarty Creek Project hosts BHP Titanium Minerals Pty Ltd’s (BHPTM) historical mineral sands deposit, the Rover Range Deposit, situated on the Scott Coastal Plain.
In 1999 BHPTM defined an exploration target* of 120-130Mt at 2.5-3.5% ilmenite at the Rover Range Deposit.
AMMG’s geology team is currently collating the historical drill hole data in order to meet current JORC 2012 standards. The company plans to announce the resource update in the coming weeks.
Previous exploration by BHPTM from 1997 to 1999 included 32 aircore drill holes; assays; conceptual mine plan feasibility studies; and environmental surveys.
Most of the Glenarty Creek Project is situated on the Vasse Shelf. The project contains granulite derived heavy mineral accumulations within Cainozoic sediments. The sediments are deposited in a fluvial environment.
*The term “Exploration Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve
Map of AMMG’s Glenarty Mineral Sands Project, Western Australia
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AMMG NewsJune 2013
AMMG NewsJune 2013
AMMG has received significant overseas and local interest in its 100% owned Green Range coal project.
In preparation for its planned stage 1 drilling program, AMMG has secured land access with key private landowners.
The project is strategically located just 40 to 70kms from the town and port of Albany.
The planned drilling program will target the potential coal seams of the Green Range sub-basin. Based on historical drill hole data, AMMG estimates an exploration target* of 400-500Mt of thermal coal grade.
AMMG’s Green Range Coal Project is made up of two granted tenements and one application tenement totalling approximately 1,122km2.
Both BHP Minerals Exploration (BHP) and Rio Tinto, formerly CRA Exploration (CRA), carried out coal exploration in the Green Range basin area in the 1980s. CRA concluded an estimated exploration target* of up to 500Mt of lignite.
Later in 2001, Phanerozoic Energy Pty Ltd carried out coal seam gas exploration in the Green Range basin area, intersecting coal seams up to 5m and sub-bituminous coal grades of up to 24Mj/kg.
Although concluding its exploration, Phanerozoic Energy acknowledged the existence of coal as a permanent feature in the Green Range area.
Additionally, recorded within historical drill logs is the presence of glauconite (rich mica potassium) and limestone. Glauconite is currently being targeted with a view to being a potential feedstock for potash production.
Thermal coal project at Green Range progressing
*The term “Exploration Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve
Map showing Green Range coal basin and historical drill holes
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AMMG NewsJune 2013
AMMG NewsJune 2013
Upcoming China investor road showAMMG will be returning to exhibit at the Mines and Money Beijing conference in June this year.
According to the event organisers, the Mines & Money Beijing conference attracts over 1,000 Chinese and international delegates.
The conference is China’s leading exhibition focusing on
Chinese outbound investment into international mining projects.
Following the conference, AMMG will travel to other parts of China to meet with and progress its existing Chinese relationships, follow up on expressions of interest for investment opportunities, as well as meeting with some newly established Chinese networks.
AMMG at the Mines & Money Beijing conference in 2012
Participation at the RIU Sydney Resources Round-up
AMMG participated in the three-day RIU Sydney Resources Round-up from May 14.
The conference brings investors, brokers, mining and exploration companies together to discuss potential investment opportunities.
Ric Dawson, AMMG’s managing director, said “the conference was a significant opportunity for the company to promote our
diversified suite of mineral projects and latest developments with our HPA project.
“Our booth attracted a number of interested parties, with various contacts seeking opportunities for further involvement and investment opportunities. The conference also provided an opportunity to meet with Sydney-based brokers and fund managers”, he concluded.
AMMG personnel at booth #63 RIU Resources Round-up, May 2013
Prospectus option issue closes
The supplementary prospectus lodged with the ASX on 22 March 2013 closed at 5pm 24 May 2013.
AMMG advises that it received acceptances for 21,465,500 options out of a possible 41,987,501 options. A total of $214,655 was received.
AMMG personnel at the RIU Sydney Resources Round-up, May 2013
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AMMG NewsJune 2013
AMMG NewsJune 2013
IN THE MEDIA...AUSTRALIA MINERALS & MINING GROUP (AMMG)
was incorporated on 8th May 2007, for the purpose of securing tenements over land that had been subject to
historical exploration and where significant geological data was available and/or the land was considered sufficiently
prospective due to proximity to existing resources and infrastructure.
The Company has identified 10 separate project areas, located in Western Australia and Queensland, which the
Directors believe have the potential for the realisation of economic resources of the following commodities:
aluminous clay, iron ore, coal, gypsum, mineral sands, salt and gold.
The Company has 22 granted tenements and 36 applications for tenements covering in excess of
11,800km² over the 10 project areas.
SUBSCRIBE TO AMMG E-MAIL ALERTS
Any shareholders wishing to perform any of the following tasks should visit our share registry on
www.securitytransfer.com.auSeek information about their shareholdings or related administrative
matters, including account details, balances, payments; orDownload the forms necessary to initiate changes to the details held
on the company’s shareholder records.
AMMG’s Share Registry contact details are:Security Transfer Registrars Pty Ltd
770 Canning HighwayApplecross WA 6953
T: (08) 9315 2333F: (08) 9315 2233
www.securitytransfer.com.au
CHANGE OF ADDRESS Any shareholders who have changed their address are asked to pro-vide written advice of the change, quoting the relevant shareholder number to AMMG’s share registry - Security Transfer Registrars Pty
Ltd.
SUBSCRIBE TO AMMG E-MAIL ALERTS
If you wish to subscribe to receive by email AMMG’s announcements made to the ASX as well as to receive notifications of the release of the Company’s annual and half year reports, please subscribe to e-mail alerts via the Company’s website. Electronic communication of company information helps to reduce expenditure on printing and
mailing as well as contribute positively to the environment.
3 Bay Rd, ClaremontWestern Australia 6010 Phone: +61 8 9389 5557
Fax: +61 8 9389 5510Email: [email protected]
Website: www.ammg.com.au
AMMG processing technology produces 99.99% HPAIndustrial MineralsMay, 2013
AMMG produces 99.99% HPAResources RoadhouseMay, 2013
AMMG produces 99.99% HPAMining Weekly.comMay, 2013
Junior mining company to ride surge in demand for key material used in smartphones & TV’s Next Mining BoomApril 26, 2013
Next phase for HPA project The Mining ChronicleMarch, 2013
IP patent bid for technology The Mining ChronicleMarch, 2013
Untainted Business National Resources ReviewMarch, 2013
PDAC Interview with Ric DawsonCommodity TVMarch, 2013
Remember CRA and Western Mining? Australian Mining Monthly - Robin BrombyMarch, 2013
COMPETENT PERSONS STATEMENTInformation in this newsletter is based on information compiled by Mike O’Mara, who is a Member of the AIG and is an employee of AMMG. He has sufficient relevant experience to qualify as a competent person as defined in the 2004 edition of the Australasian Code for Reporting of Mineral Resources and Ore Reserves (JORC code). Mike O’Mara consents to the inclusion in
this report of this information in the form and context in which it appears.
Australia Minerals & Mining Group (“AMMG”) and the AMMG website makes information of Third Parties available, including but not limited to, links to Third Party websites, articles, news reports, company information and data contain-ing opinions, predictions, conclusions and statements prepared by such Third Parties (“Third Party Content”). By using the link I acknowledge and agree that the Third Party Content is not created by AMMG, that AMMG does not accept
responsibility or necessarily endorse or warrant the accuracy of such Third Party Content and further the provision of Third Party Content is for general
reference purposes only and does not in any manner whatsoever constitute a recommendation or solicitation to purchase or sell any security or make any
other type of investment or investment decision.
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