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Aeon Metals Ltd.

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Summary

Project:

Walford Creek

Deposit:Amy
Location:Australia
Commodities:Copper-Cobalt-Lead-Zinc-Silver
Date:9/24/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:24-9-2019: Aeon Metals Ltd. announces an Exploration/Drilling Update report for its Amy deposit at the Walford Creek project. Drilling results incl. 27m @ 0.08% Cu, 0.04% Co, 5.62% Pb, 2.13% Zn, 65g/t Ag from 396. Aeon Metals Limited (Aeon) is pleased to
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Dan Johnson (Internal)
ABSTRACT:Aeon Metals Limited (Aeon) is pleased to advise of significant base metals mineralisation returned from recent drilling completed within the Amy zone. The 2019 Amy drilling results continue to emphasise the scale and opportunity that exists across the large strike extent of the mineralisation. The 12 completed holes include WFDH454, WFDH455, WFDH456, WHDH457, WFDH458, WFDH459, WFDH460, WFDH461, WFDH466, WFDH467, WFDH468 and WFDH469, as shown on the accompanying sections and plan images. As more holes are drilled into the Walford Creek system, particularly in previously lightly drilled areas such as the Amy zone, the geological model continues to improve. This more refined understanding of the fault architecture, including depth to the prospective stratigraphic units, is driving tighter target definition and more precise drill hole positioning. A further 7 holes (WFDH462, WFDH470, WFDH471, WFDH472, WFDH473, WFDH474 and WFDH475) have been drilled into the Amy zone and are in the process of being assayed. All these holes successfully intersected PY3 stratigraphy. Given the results to date, the current program of drilling at the Amy zone is expected to result in delineation of a significantly expanded Inferred Resource estimate for this area. Drilling in Amy has now ceased for the year.

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