# Australian Mines readies scandium drilling at Flemington

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/australian-mines-readies-scandium-drilling-at-flemington--a01a0f4b-542d-4ce8-92aa-982ac9c8a7d1

Original source: https://stockhead.com.au/resources/australian-mines-readies-scandium-drilling-at-flemington/

Publisher: stockhead

Original announcement: 2026-08-25T01:59:25.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Australian Mines

- Ticker: AUZ

- Exchange: Unavailable

- Region: NSW

- Primary commodity: Scandium

- Secondary commodities: None reported

- Document categories: Resource update, Drill results, Metallurgy

- Extracted: 2026-08-25 03:04:32 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Australian Mines is preparing a multi-purpose drilling program at its Flemington scandium project to support resource extension, metallurgy, and infrastructure work. The project currently hosts a 6.3Mt scandium resource at 446ppm, with approximately 98% in the measured and indicated categories. The drilling will coincide with a fast-tracked Pre-Feasibility Study \(PFS\) evaluating production scenarios up to 180tpa of scandium oxide.

Reasoning: The company is preparing a multi-purpose drilling program to support resource extension and metallurgy for a fast-tracked PFS at a high-grade scandium project.

- Positive factor: High-grade scandium resource \(446ppm\)

- Positive factor: High M&I percentage \(~98%\)

- Positive factor: Strong metallurgical recovery \(90.8%\)

- Positive factor: Fast-tracked PFS testing higher output scenarios

- Negative factor: Drilling program is pending regulatory approval

Facts used in scoring: 2

## Classification and evidence

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: Approximately 98% of the resource is in the measured and indicated categories.

Evidence · text

> About 98% of the resource is in the higher-confidence measured and indicated categories

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 90.8% recovery reported in scoping study.

Evidence · text

> 90.8% overall scandium recovery

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: Uses a hydrometallurgical flowsheet including HPAL and solvent extraction.

Evidence · text

> conventional hydrometallurgical flowsheet of high-pressure acid leaching, solvent extraction, oxalate precipitation and calcination

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/australian-mines-readies-scandium-drilling-at-flemington--a01a0f4b-542d-4ce8-92aa-982ac9c8a7d1#fact-resource-facts-0)

scandium

#### Identity

- Commodity: scandium
- Ticker: AUZ

#### Resource Data

- Category: indicated
- Tonnes: 6300000
- Grade: 446
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Part of the ~98% M&I resource reported.

- Positive factor: High grade for scandium

Evidence · text

> 6.3Mt at 446ppm scandium resource, with about 98% in the measured and indicated category

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/australian-mines-readies-scandium-drilling-at-flemington--a01a0f4b-542d-4ce8-92aa-982ac9c8a7d1#fact-resource-facts-1)

scandium

#### Identity

- Commodity: scandium
- Ticker: AUZ

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: High recovery achieved in scoping study using HPAL/SX route.

- Positive factor: Strong recovery for scandium

Evidence · text

> 90.8% overall scandium recovery in scoping-study testwork using a conventional hydrometallurgical flowsheet of high-pressure acid leaching, solvent extraction, oxalate precipitation and calcination

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.