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Aethon Minerals Corp.
Summary
| Project: | Llanos De Llahuin | |
|---|---|---|
| Deposit: | Llanos De Llahuin | |
| Location: | Chile | |
| Commodities: | Copper-Gold | |
| Date: | 10/9/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-10-2018: Aethon Minerals Corp. announces an Exploration/Drilling Update report for its Llanos De Llahuin deposit at the Llanos De Llahuin project. Drilling results incl. 4m @ 1.44% Cu, 0.10g/t Au from 62m. Toronto: October 09, 2018: Aethon Minerals Corp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Schuler (Independent) | |
| ABSTRACT: | Toronto: October 09, 2018: Aethon Minerals Corp. (TSX-V: AET), (“Aethon” or the “Company”) is pleased to announce drill results from the Company’s initial eight hole drill program at the Llanos De Llahuin project (“Llanos” or the “Project”), located approximately 250 km north of Santiago in Chile, and a change in its year end. Drill Results The 2018 maiden drill program at Llanos consists of eight diamond drill holes totaling 1,417 metres. The shallow drilling program tested 700 metres of strike length to depths of up to 200 metres below surface. All of the drill holes targeted in the alteration zone were successful in intersecting copper and gold mineralization related to quartz veining over narrow thicknesses within a broad (up to 300 metres wide) zone of intense alteration. Robert Davies, President and CEO of Aethon, commented, “We are encouraged by the results of our first drill program at Llanos despite not intersecting widths that would be consistent of a porphyry system. We are continuing to assess these results and have commenced a petrographic study of the area in order to evaluate our next steps regarding the Project. Several areas at Llanos with anomalous near-surface copper and gold values and promising geophysical results have yet to be drilled. A suite of core samples from the quartz-chlorite-sericite alteration zone drilled at Llanos has been submitted for petrographic study to determine the possibility of a deeper copper-gold mineralized porphyry system. A second, deeper drilling program may be designed to test this possibility.” | |
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