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AuRico Metals Inc.
Summary
| Project: | Kemess | |
|---|---|---|
| Deposit: | Kemess East | |
| Location: | Canada | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 12/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 8-12-2017: AuRico Metals Inc. announces an Exploration/Drilling Update report for its Kemess East deposit at the Kemess project. Drilling results incl. 846.5m @ 0.25g/t Au, 0.28% Cu, 2.03g/t Ag, 0.011% Mo from 748m. TORONTO, Dec. 7, 2017 /CNW/ - AuRico Me | |
| Resources: | (Resource): 113.1Mt @ 0.38% Cu (Ind.) and 63.8Mt @ 0.34% Cu (Inf.) at Kemess East | |
| CP/QP: | [Overall Report]: Wade Barnes (Internal) | |
| ABSTRACT: | TORONTO, Dec. 7, 2017 /CNW/ - AuRico Metals Inc. (TSX: AMI), ("AuRico" or the "Company") is pleased to report the full assay results from the Company's 2017 exploration program on the Kemess Property. Drilling this season focused on converting inferred resource blocks to indicated and testing the northern and southern limits of the Kemess East deposit (eight holes, 11,917 metres), which is located approximately one kilometer east of the Kemess Underground deposit and 6.5 kilometers north of the Kemess mill facility and other infrastructure. The 2017 exploration also tested the northern extension of mineralization within the Kemess Offset Zone ("KOZ") (two holes, 2,006 metres) located between Kemess Underground and Kemess East. This year's exploration program had three key objectives: convert inferred resource blocks to indicated, expand the limits of the currently known deposit and test the northern extension of the known mineralization within the KOZ.Commenting on today's exploration results, Chris Richter, President and CEO of AuRico Metals, stated; "We're pleased to report the outcome of this year's drilling on the Kemess property and believe we've successfully achieved our objectives. At Kemess East we expect to convert a significant amount of inferred resources to indicated resources and a number of the holes point to good potential to grow the resource to the south. At the Kemess Offset Zone, we intersected long intervals of gold and copper mineralization and this target remains open in every direction. The results from the Kemess East drill program will be incorporated into an updated Kemess East resource expected in the first quarter of 2018." | |
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