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APEX MINERALS NL

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ASX:AXM (AUD)  0.05 [+0.01 (+20.93%)] Nov 6 2009 - Close

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10 ORD STREET LEVEL 1
WEST PERTH
Western Australia
Australia, 6005
Phone: 08 6311 5555
Fax: 08 6311 5556

Company Summary

Apex Minerals NL is an ASX listed near term significant gold producer. Apex’s move to gold producer was made possible with a management change and a change in strategic direction begun in 2006. Since then Apex has emerged as one of Australia's fastest growing new resource companies.

Company News

Thursday, October 08, 2009
Property: WILUNA
Apex Minerals NL announce that following its annual resource re-estimation, the Wiluna Mineral Resource has increased by 83,000 ounces of gold as at 30th June 2009. The revised Mineral Resource totals 8.03 million tonnes at 6.6g/t for 1.6 million ounces of gold. This represents an 8% increase in grade and a 5% increase in contained gold compared with the previous Mineral Resource estimate undertaken in October 2008, using the same estimation criteria. Importantly, the Indicated Resource has effectively remained unchanged at 763,000 ounces, and the average grade has increased by 6% to 6.9g/t gold. This is despite mining depletion of 90,000 ounces (600,000 tonnes at 4.7g/t) since October 2008, being 198,000 tonnes at 5.7g/t for 36,000 ounces gold mined from Calais and 402,000 tonnes at 4.1g/t for 54,000 ounces gold mined from East Pit.

News Releases

Thursday, November 05, 2009
Thursday, October 08, 2009
Wednesday, October 07, 2009
Friday, October 02, 2009
Tuesday, September 29, 2009

Mineral Properties Map

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ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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