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Aeris Resources Ltd.

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Summary

Project:

Tritton

Deposit:Murrawombie
Location:Australia
Commodities:Copper
Date:1/29/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:29-1-2020: Aeris Resources Ltd. announces an Exploration/Drilling Update report for its Murrawombie deposit at the Tritton project. Drilling results incl. 1.40m @ 4.96% Cu from 194.20m. Aeris Resources Limited (ASX: AIS) (Aeris or the Company), an Austral
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Bradley Cox (Internal)
ABSTRACT:Aeris Resources Limited (ASX: AIS) (Aeris or the Company), an Australian copper producer and explorer, wishes to provide an update on exploration activities at its wholly owned Tritton Copper Operations near Nyngan in Western New South Wales. Aeris Resources Executive Chairman, Andre Labuschagne, said: “The recent exploration results continue to demonstrate the prospectivity of the Tritton tenement package. The confirmation of the new bedrock conductor is very exciting and once the new tenement has been granted we will start planning a drill program. Drilling at Murrawombie continues to deliver success and the extension of the EM plate down plunge at the Caribou Prospect is a very interesting development.” In December 2018, an airborne electromagnetic (AEM) survey was flown, covering 617km2 over the northern half of the tenement package. The AEM survey, utilising the SKYTEMTM 312 airborne EM system, was designed and optimised to test for deep conductive bodies. The AEM survery identified 25 new anomalies and confirmed the Company’s view that there is significant potential to discover additional copper sulphide deposits in the northern half of the Tritton tenement package. As a follow-up to the AEM Survey, ground based moving loop electromagnetic (MLTEM) surveying has recently been undertaken. The MLTEM survey was designed to confirm whether the AEM detected anomalies are legitimate bedrock conductor(s).

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