Australian Bauxite Limited (ASX:ABZ) Inverell Resource Grade Improvement - 38 Million Tonnes Resource
Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX:ABZ) discovered a thick layer of good quality bauxite in 2008-09 at its Inverell project in northern NSW (see Figure 1). Parts of that bauxite lie beneath a clay horizon and required further investigation. ABx conducts thorough evaluation programmes and results from 37 new holes into the concealed bauxite are generally consistent with previous Inferred resource estimates for those zones.
