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Aeon Metals Ltd.

opaxe

Summary

Project:

Walford Creek

Deposit:Walford Creek
Location:Australia
Commodities:Copper-Cobalt-Lead-Zinc-Silver
Date:6/5/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:5-6-2017: Aeon Metals Ltd. announces an Exploration/Drilling Update report for its Walford Creek deposit at the Walford Creek project. Drilling results incl. 67m @ 0.4% Cu, 0.2% Co, 0.32% Pb, 1.92% Zn, 20.3g/t Ag from 40m. Aeon Metals Limited (“Aeon” or “
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 the assay results for the first 2 holes of the 2017 Walford Creek Project drill program. Both holes, located outside of the Vardy Resource to the northeast, have intersected significant mineralisation and returned excellent assay results including high grade cobalt. As stated in the Company’s 19 May announcement, the area east/northeast of the Vardy Resource has seen very limited historical drilling and the initial focus of the 2017 drill campaign has been to test newly interpreted fault splays from the Fish River Fault (FRF) to the northeast. The first holes of the 2017 drill program have now defined the FRF as having been jogged or offset to the north-east over approximately 200m along an east north east offset. The holes have now located the continuing eastward trending FRF as shown in Figure 1. The FRF position has been chased eastwards through the first 9 holes of the 2017 drill program. Drilling is now being undertaken inside the Vardy Zone while an assessment is undertaken of the prospective geological horizon to the east. A total of 1130m has been completed since drilling commenced in early May.

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