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Aeon Metals Ltd.

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Summary

Project:

Walford Creek

Deposit:Walford Creek
Location:Australia
Commodities:Copper-Cobalt-Lead-Zinc-Silver
Date:6/13/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:13-6-2017: Aeon Metals Ltd. announces an Exploration/Drilling Update report for its Walford Creek deposit at the Walford Creek project. Drilling results incl. 26.0m @ 1.02% Cu, 0.26% Co, 0.15% Pb, 0.93% Zn, 37.54g/t Ag from 71.0m. Aeon Metals Limited (“Ae
Resources:(Not mentioned in this report)
CP/QP:[Overall Report]: Dan Johnson (Internal)
ABSTRACT:Aeon Metals Limited (“Aeon” or “the Company”) is pleased to announce assay results for 2 more holes at Walford Creek. Both holes, located outside of the Vardy Resource to the northeast and stepped along strike from the two holes announced on 5 June, have intersected significant mineralisation, once again including high grade cobalt. Geoscience analysis is proceeding to determine the best approach to delineate the eastward extension over ~800m of the Fish River Fault and define drilling targets. A total of 1,616m from 14 holes has been completed since drilling commenced in early May. Currently 8 holes are in the assay lab. Importantly, based on the assay results announced for the 4 holes to date and geological logging of the additional 10 holes for which assays are awaited, it is expected that material tonnage will be added to the Vardy Cu-Co-Zn Project. Infill drilling is now being undertaken inside the Vardy Zone with four holes completed and a fifth hole underway pending definition of drilling targets on the eastward extension of the Fish River Fault.

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