Aurelius Minerals Inc. (TSXV: AUL) (OTCQB: AURQF) has received high-grade results from its flagship Aureus East Gold Project in Nova Scotia, Canada.
The company is drilling at the Aureus East Project to define a new gold mineral resource and continues to expand mineralisation upon the success of the Phase 1 and Phase 2 programme results.
President and CEO, Mark Ashcroft, said the latest four holes from four surface pads, focused on expanding mineralisation along strike to the east and at depth, resulting in continued identification of previously overlooked gold horizons and an expanding limb system.
“Today’s drill results demonstrate the strong continuity along strike, allowing for an expansion of the gold zones, along strike to the east, in width to the south and at depth. Surface holes stepped to the east and south show that the mineralisation remains open, intersecting gold at surface to more than 500m below surface,” Mr Ashcroft said.
“We are encouraged by the continuity, the widths and the grades of our intercepts as we conceptualise the minability of the mineralised system. In our continuing efforts to increase our understanding of the project geology we have consistently encountered high grade gold intersections within a broadly mineralised and substantial gold system. We have completed 49 holes, along with two wedge holes, with a 100% success rate of intersecting mineralisation in two phases.
“We completed, over 12,000m in Phase 2 of our drill program. With Phase 2 drilling at Aureus East now complete, we anticipate further results from the lab over the coming weeks. This will help further delineate the deposit as we work towards our updated resource on Aureus East later this quarter.”
Current and Upcoming On-site Activities
Having completed Phase 2 drilling at Aureus East, the near-term focus has shifted to a recently initiated underground channel sampling and mapping program.
Aurelius believes there is considerable opportunity to identify continuous mineralisation directly adjacent to the existing underground development infrastructure.
Channel sampling in the underground drifts, where saddle reefs are exposed, will be the priority in this area.
The sampling program,e will include the walls and floor in multiple gold zones which already contain known gold mineralisation. The results will be incorporated into the geological interpretation of the gold zones as part of the upcoming mineral resource estimate for Aureus East. Nordmin Engineering has been retained to prepare the mineral resource estimate which is expected later in the first quarter of 2022.
For further information please visit: https://aureliusminerals.com/
