Promising Results From Maiden Drill Programme At Kaaresselkä
Aurion Resources Ltd. (TSXV: AU) has confirmed gold mineralisation from drilling on the Hinge Zone at its wholly owned Launi East property and Kaaresselkä Prospect on its wholly owned Risti property in the Central Lapland Greenstone Belt in northern Finland.
Widely spaced drill holes intersected zones of gold mineralisation up to 13.45 m wide at shallow depths over a strike length of over 550 m along a 1.0 km long magnetic anomaly trend. Gold mineralised intervals average from 0.30 g/t to 3.05 g/t, with individual samples of up to 7.77 g/t, including 3.05 g/t over 5.30 m (LN20050 from 106.50 m down hole).
CEO Matti Talikka said the company also obtained encouraging results from its maiden Kaaresselkä drill Programme.Drill intercepts including 1.52 g/t Au over 2.85 m (KS20001 from 306.50 m down hole) and 1.85 g/t Au over 5.40 m (KS20002 from 199.00 m down hole) extend the gold mineralided zone to ~200 m depth and to ~600 m strike length at Vanha target on the Kaaresselkä prospect.
“We are excited to confirm the Hinge Zone target on the Launi East Property is emerging as our second significant drilling discovery,” Mr Talikka said.
“Aurion’s first discovery at Aamurusko was proven by drilling during the third campaign and approximately 20 months after surface sampling provided evidence of a large gold system.
“Launi is following a similar trajectory. Since 2017, our Aamurusko and Launi discoveries, in addition to the Ikkari discovery by Rupert, along our mutual boundary, have demonstrated the area near the Sirrka Shear in the Central Lapland Greenstone Belt to be amongst the most promising new gold camps in the world.
“We are excited to be continuing to advance our many prospective targets in this area.”
Aurion completed a seven-hole, 1,007.60 m diamond core drilling programme at the Hinge Zone target at the Launi East property. The programme was designed to follow up on the scout drill programme completed during the northern Spring of 2020 (where gold values were intersected in an interpreted shear zone.
The till covered Hinge Zone target is located between the Christmas Deformation Zone and Midsommer targets on the northwestern portion of the Launi East property.
Past exploration activities have returned a large number of significant gold values in boulders, outcrops and drilling in the Christmas Deformation Zone and Midsommer targets since the discovery of gold indications in 2018.
The presence of gold mineralisation in various lithologies and structures within an area of 1.3 km by 1.0 km suggests potential for a robust gold mineralization event of which the Hinge Zone target may represent one of the key structural components. The Launi East property totals 4,276 ha of which only a minor portion has been tested by mapping, trenching or drilling.
