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Aeris Resources Ltd.

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Summary

Project:

Tritton

Deposit:Kurrajong
Location:Australia
Commodities:Copper
Date:1/15/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:15-1-2019: Aeris Resources Ltd. announces an Exploration/Drilling Update report for its Kurrajong deposit at the Tritton project. Drilling results incl. 6.4m @ 4.55% Cu, 0.27g/t Au, 11g/t Ag from 401.60m. Established Australian copper producer, Aeris Reso
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Brad Cox (Internal)
ABSTRACT:Established Australian copper producer, Aeris Resources Limited (ASX: AIS) is pleased to provide an update on the Kurrajong prospect (Kurrajong), after the completion of the current drill program. A further five drillholes and three wedge holes have been completed following the previous ASX announcement regarding Kurrajong (21st August 2018 “Kurrajong continues to deliver”). Results from the latest round of drilling have intersected further high grade copper mineralisation. TKJD019 (4.5m @ 5.16% Cu) and TKJD023 (6.4m @ 4.55% Cu) intersected massive sulphide mineralisation toward the upper extents of the known mineralised system whilst TKJD017W2 (3.35m @ 6.51% Cu) intersected massive sulphide mineralisation along strike from a high grade copper interval reported previously from TKJD017 (17m @ 2.59% Cu). The deepest drillhole completed to date, TKJD024W1, intersected a broad zone of pyrite and chalcopyrite mineralisation (17.0m @ 1.25% Cu) approximately 300m down plunge from previous drillhole data (TKJD017 17.0m @ 2.59% Cu). The mineralised system has now been traced over 1,100m down plunge and remains open in this direction and along strike to the north. The current drill program at Kurrajong is now complete and work is focusing on the building of a detailed geological interpretation and predictive model, including development of an exploration target model delineating tonnage and Cu grade ranges. Future drilling at Kurrajong will occur subsequent to this, ensuring drillholes target the most prospective areas within the large sulphide system

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