Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ALTECH BATTERIES LTD Regulatory Filings 2012

Dec 11, 2012

64444_rns_2012-12-11_5e22ed75-4acb-4780-8af7-da9436fc5ce5.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

Merry Christmas! from the AMMG team

INSIDE THIS ISSUE

JORC Inferred Resource at Deposit ‘D’

Constance Range Iron Ore Project, QLD

Constance Range Iron Ore Project

Stage 1 RC drilling commenced Pingaring Nickel Project, WA

Excellent coarser grind DTR results Bencubbin Iron Ore Project, WA

Pingaring Nickel Project

Participation at international mining events

China Mining 2012 Congress Bauxite & Alumina Conference

Final stages of alumina process technology

South West High Purity Alumina (HPA) Project

China Mining 2012 Congress, Tianjin

AUSTRALIA MINERALS & MINING GROUP LTD (as at 06/12/2012)

ASX Code: AKA Ordinary Shares: 107.62m Market Cap: 7.53m Cash: 4.22m (as at 30/09/12) Debt: Nil

Bauxite & Alumina Conference, Singapore

www.ammg.com.au

1

==> picture [596 x 145] intentionally omitted <==

----- Start of picture text -----

AMMG News
December 2012
----- End of picture text -----

JORC resource at Constance Range Deposit ‘D’

AMMG recently announced that a maiden JORC inferred resource of 6.1Mt at 39.9% iron (Fe), calcined iron (caFe)# grade 52.5% has been estimated at BHP historical Deposit ‘D’ (see ASX announcement)

The host of Deposit ‘D’, AMMG’s tenement EPM18375, is a 31 sub-block granted exploration licence permit that was granted in April 2012. Stage 1 RC drilling commenced in August at Deposit ‘D’.

The resource was obtained after conducting block modelling of analysed RC drill samples at Deposit ‘D’. Laboratory analysis showed low impurity levels of sulphur and phosphorus, suggesting a premium product that may be able to cater to world iron ore markets.

Located about 30kms from Deposit ‘D’ lies BHP historical Deposit ‘I’ (EPM14589) and ‘J’ (EPM17895), which are currently held by subsidiaries of Carbine Tungsten Ltd.

AMMG has entered into an agreement to acquire these subsidiaries, with the due diligence phase nearing completion.

BHP historical data quotes a resource at Deposit ‘I’ but it is does not currently comply with JORC standards.

==> picture [258 x 418] intentionally omitted <==

Stage 1 RC drill program at EPM18375

However, AMMG has estimated an exploration target* of approximately 20-25Mt on a calcined basis equivalent to 58% caFe and 10% SiO . 2

Further exploration work would be required to upgrade Deposit ‘I’ to a current JORC compliant resource.

#caFe= Fe%/(100-LOI%))*100

*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

==> picture [253 x 125] intentionally omitted <==

Aerial view photograph showing Constance Range Train Range Ironstone Member outcrop

==> picture [596 x 32] intentionally omitted <==

----- Start of picture text -----

2
----- End of picture text -----

==> picture [596 x 145] intentionally omitted <==

----- Start of picture text -----

AMMG News
December 2012
----- End of picture text -----

Stage 1 RC drilling commences at Pingaring nickel project

==> picture [202 x 310] intentionally omitted <==

Stage 1 RC drill program at Pingaring

==> picture [202 x 181] intentionally omitted <==

Stage 1 RC drill program at Pingaring

AMMG initiated its stage 1 drilling program at its 100% owned Pingaring nickel project (in the Yilgarn region of Western Australia) in early November.

The state government’s Exploration Incentive Scheme (EIS) will refund up to 50% of direct drilling costs related to the Pingaring drill program.

The drilling consisted of 2,528m over two drill fence lines. The southern line was drilled to test a magnetic high for nickel and iron ore mineralisation while the northern line was drilled to test for shear hosted gold mineralisation.

Using hand-held XRF analysis, the southern line returned anomalous nickel mineralisation of up to 2.06% associated with saprolitic clays. The Company will be providing a detailed report of results once they have been analysed.

A cumulate texture komatiite was observed during the drilling program with elevated 0.1 to 0.3% nickel values in fresh rock silicates. The drilling program therefore confirmed the presence of a komatiitic ultramafic unit, which is indicative of a

possible host for a nickel sulphide deposit.

AMMG’s next phase of exploration will focus on applying geophysical tools aiming to detect possible underground EM conductors that can be indicative of the presence of mineralised sulphides.

AMMG’s Pingaring nickel project covers approximately 293 square kilometres and is located approximately 40km north-east of Lake Grace in Western Australia.

The Pingaring area hosts some significant nickel deposits, with nearby Western Area’s Forrestania mine producing 25,000t of contained nickel per year. Major nickel producer, Norilsk Nickel’s Lake Johnston project produces 146,480t of contained nickel.

Previous exploration by Tiger Resources of the Pingaring ground between 1995 and 2001 intersected anomalous nickel and cobalt with maximum values of 1.8% nickel and 0.9% cobalt.

However, due to the deep weathering profile, Tiger Resources was not able to penetrate into fresh rocks.

==> picture [596 x 32] intentionally omitted <==

----- Start of picture text -----

3
----- End of picture text -----

==> picture [596 x 145] intentionally omitted <==

----- Start of picture text -----

AMMG News
December 2012
----- End of picture text -----

Highly encouraging coarser grind DTR results at Bencubbin

AMMG recently received highly encouraging metallurgical results at its 100% owned Bencubbin magnetite project (click here to view the announcement).

the less the crushing costs in a potential processing plant.

AMMG’s concentrated

magnetite also contained low levels of impurities (alumina, phosphorus, silica and sulphur, for example), which reduces production costs significantly.

The results indicate a very ‘coarse’ liberation of magnetite at a grind size of 150 microns.

This further testing follows AMMG’s previous announcement (click here to view the June 2012 announcement) reporting the initial Davis Tube Recovery (DTR) findings, with an average concentrate grade of above 70% iron, an average mass recovery of 42.8%, low impurities, with a grind size of 75 microns.

The average iron concentrate was above 70% with an average mass recovery of 38.6% with a ‘coarser’ grind size of 150 microns.

The testing was conducted in order to determine the optimum grind size of the Bencubbin magnetite body.

The results are particularly The Company’s 100% owned encouraging for magnetite as it Bencubbin Magnetite Project allows for much lower operating is located approximately 220 costs, as the ‘coarser’ the grain, kilometres from Perth and is

==> picture [289 x 179] intentionally omitted <==

Stage 1 RC drilling at Bencubbin

bisected by rail networks.

The Company intends to follow up with a stage 2 drilling program to target the length of the magnetic signature, which has been estimated at about 14 kilometres.

The stage 2 drilling program will be co-funded by the state government’s Exploration Incentive Scheme (EIS).

The EIS grant will refund the Company’s direct drilling costs associated with the stage 2 drill program at the Bencubbin project.

==> picture [159 x 272] intentionally omitted <==

Stage 1 drilling program at Bencubbin

==> picture [596 x 32] intentionally omitted <==

----- Start of picture text -----

4
----- End of picture text -----

==> picture [596 x 145] intentionally omitted <==

----- Start of picture text -----

AMMG News
December 2012
----- End of picture text -----

AMMG participates in significant international mining events

==> picture [183 x 117] intentionally omitted <==

A delegation from AMMG AMMG networked with other travelled to the 2nd Asian industry players including Bauxite & Alumina Conference, alumina refining, producing which was held from 30th and trading, with an interested October 2012 for two days party indicating their plans at the Marina Mandarin in to visit AMMG in Perth to Singapore. discuss future co-operation.

Following the successful Bauxite & Alumina conference, AMMG travelled to the China Mining Congress in Tianjin.

The Bauxite & Alumina Conference is a meeting of international bauxite and alumina industry players.

AMMG personnel at the booth at the Bauxite & Alumina conference, Singapore

interest shown in AMMG’s high purity alumina, iron ore and Albany regional projects.

==> picture [180 x 129] intentionally omitted <==

The conference has become one of the world’s largest mineral investment and trading platforms, attracting more than 5,000 delegates from all over the world.

A number of delegations from China have indicated they intend to travel to Western Australia to view AMMG’s projects, with a number of delegations requesting to be provided with high level geological data.

At its booth, AMMG met with Chinese and international investors, with a lot of keen

Managing Director Ric Dawson at AMMG’s booth, China Mining 2012 Congress, Tianjin

==> picture [150 x 165] intentionally omitted <==

Final stages of aluminous clay to alumina processing technology

The Company’s unique The acid-based processing aluminous clay to alumina technology aims at producing process technology is in its high purity alumina (HPA) final stages of laboratory (99.99%). development.

AMMG’s processing technology poses a number of benefits in the production of alumina, such as minimal environmental footprint; reduced waste; recyclability; and low iron levels.

AMMG’s chemical consultants, TSW Analytical, progressed towards achieving the fourth and final milestone, which involved determining variables such as leach conditions, solid to liquid ratios and filtration.

AMMG personnel with TSW Analytical at their laboratory, UWA

technology process using a number of different aluminous clay samples in order to confirm the veracity of the unique process.

AMMG now plans to test the

==> picture [596 x 32] intentionally omitted <==

----- Start of picture text -----

5
----- End of picture text -----

==> picture [596 x 145] intentionally omitted <==

----- Start of picture text -----

AMMG News
December 2012
----- End of picture text -----

AUSTRALIA MINERALS & MINING GROUP

IN THE MEDIA...

~~-~~ Meckering Making alumina from kaolin Industrial Minerals September, 2012

(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 geologi cal 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 proj ect areas, located in Western Australia and ~~-~~ Queensland, which the Directors believe have the po tential for the realisation of economic resources of the following commodities: iron ore, aluminous clay/kaolin, coal, gypsum, mineral sands, salt and gold. ~~-~~ The Company has 20 granted tenements and 42 appli cations for tenements covering in excess of 12,650km² over the 10 project areas.

SUBSCRIBE TO AMMG E ~~-~~ MAIL ALERTS

Alumina prospect promising

Avon Valley Advocate, Northam WA October 3, 2012

Any shareholders wishing to perform any of the following tasks should visit our share registry on www.securitytransfer.com.au Seek information about their shareholdings or related adminis ~~-~~ trative matters, including account details, balances, payments; or Download 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 Highway Applecross WA 6953

Junior miners look to Chinese investors Kalgoorlie Miner November 22, 2012’

T: (08) 9315 2333

F: (08) 9315 2233

E: [email protected]

www.securitytransfer.com.au

CHANGE OF ADDRESS

Any shareholders who have changed their address are asked to provide written advice of the change, quoting the relevant shareholder number to AMMG’s share registry ~~-~~ Security Trans ~~-~~ fer Registrars Pty Ltd.

SUBSCRIBE TO AMMG E ~~-~~ MAIL ALERTS

AMMG determines coarse grind suitable for WA magnetite Proactive Investors Australia December 4, 2012

If you wish to subscribe to receive by email AMMG’s announce ~~-~~ ments 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 expen ~~-~~ diture on printing and mailing as well as contribute positively to

the environment.

3 Bay Rd, Claremont

Western Australia 6010

Phone: +61 8 9389 5557

Fax: +61 8 9389 5510

Email: [email protected]

Website: www.ammg.com.au

COMPETENT PERSONS STATEMENT

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 containing 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.

Information 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.

==> picture [596 x 32] intentionally omitted <==

----- Start of picture text -----

6
----- End of picture text -----