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Aeris Resources Ltd.

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Summary

Project:

Feather Cap

Deposit:Feather Cap
Location:Australia
Commodities:Copper-Gold-Silver
Date:10/10/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:10-10-2018: Aeris Resources Ltd. announces an Exploration/Drilling Update report for its Feather Cap deposit at the Feather Cap project. Drilling results incl. 1m @ 0.55g/t Au. Western Australian base metals explorer Auris Minerals Limited (“Auris” or “th
Resources:x
CP/QP:[Overall Report]: Nick Franey (Internal)
ABSTRACT:Western Australian base metals explorer Auris Minerals Limited (“Auris” or “the Company”) (ASX: AUR) is pleased to provide the following update on exploration activities across the Company’s key exploration tenements within the Bryah Basin of Western Australia. Wodger-Big Billy Aircore Drilling Completed Auris is pleased to advise the previously reported (see ASX release dated 14 September 2018) aircore drilling programme between the Wodger and Big Billy Prospects has now been completed. A total of 83 holes for 7,328m were drilled along the prospective strike between the Wodger and Big Billy Prospects. Holes were drilled at 100m intervals along 300-400m-spaced traverses. Due to the drill holes being considerably deeper than originally planned (average depth 88m vs planned 50m), fewer holes were drilled in this programme. The Company is currently awaiting the receipt of all assays, with geological logging of drill chips suggesting a reinterpretation of the thickness of the prospective Narracoota Formation. Follow-up gradient array IP surveys are due to start next week at both the Wodger and Forrest Prospects. These surveys will target disseminated mineralisation, as has been intersected in drill holes at both prospects, with the aim of recognising similar mineralisation, which could prove to be a useful vector towards higher-grade massive sulphides. Further drilling is scheduled to be undertaken at both the Wodger and Forrest Prospects this quarter.

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