Mining Briefs: Centaurus, Ausmex and more

IN Mining Briefs: Centaurus secures “exceptional” project; high-grade copper for Ausmex; ABR defines more boron; Lucapa diamond sales; Prospect options project; more high grades for Orinoco; and good news for Orion.

Mining Briefs: Centaurus, Ausmex and more Mining Briefs: Centaurus, Ausmex and more Mining Briefs: Centaurus, Ausmex and more Mining Briefs: Centaurus, Ausmex and more Mining Briefs: Centaurus, Ausmex and more

Centaurus Metals has secured 100% of the Itapitanga nickel-cobalt projectin the Carajás Mineral Province of Brazil.

The project is located at the southern strike extent of Anglo American’s world-class Jacaré nickel-cobalt project, which has a resource of 307 million tonnes at 1.3% nickel and 0.3% cobalt, including a high-grade cobalt component of 185Mt at 1.2% nickel and 0.18% cobalt.

Centaurus geologists have confirmed the presence of the same mineralisation over a 4.5km strike length at Itapitanga.

The company raised A$2.65 million in a heavily oversubscribed placement to fund immediate work on the project and other Brazilian targets.

Ausmex Mining Group h...