For thousands of other reports visit RSC's Mineral Intellingence Map

Aurelia Metals Ltd.

opaxe

Summary

Project:

Hera

Deposit:Dominion
Location:Australia
Commodities:Gold-Silver-Lead-Zinc-Copper
Date:10/22/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:22-10-2018: Aurelia Metals Ltd. announces an Exploration/Drilling Update report for its Dominion deposit at the Hera project. Drilling results incl. 97m @ 1.0% Cu, 1.9% Pb, 0.5% Zn, 0.14g/t Au, 8g/t Ag from 28m. Aurelia Metals Limited (“AMI” or the “Compa
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Adam McKinnon (Internal)
ABSTRACT:Aurelia Metals Limited (“AMI” or the “Company”) is pleased to announce the discovery of a significant new polymetallic mineral system at the Dominion prospect, 11 km south-southwest of the Hera Mine (Figure 1). The prospect is situated in the southern portion of Exploration Lease 6162, held 100% by the Company. The Dominion-Federation areas have been the focus of considerable previous exploration including mapping, soil and rock chip geochemistry, close-spaced gravity surveys, IP and EM geophysical surveys, and limited RC and diamond drilling. Previous exploration did not identify significant gold or base metals mineralisation. During reconnaissance by Company geologists, in an area of coincident lead and gold surface anomalism, a small outcrop of gossan (the oxidised, iron-dominant remnants of sulfide mineralisation) was discovered. Encouragingly, some of the material exposed at surface showed significant visible gold (see Figure 2). A small area around the gossan outcrop was hand excavated to ascertain strike and dip, and to allow for systematic sampling. While the exposed gossan morphology was irregular, the outcrop displayed a general north to north-northeast strike and moderate to steep easterly dip, confirming that nearby historic RC drilling may not have effectively tested the target. A total of ten samples were collected from the in situ gossan, with a further eight samples taken from loose gossan material removed while excavating the outcrop. The average assay grades returned for all samples was 57.3g/t Au, 2.1% Pb, 0.7% Zn, 0.8% Cu and 8.4g/t Ag, with strongly anomalous antimony, bismuth and arsenic also present. Gold grades for individual samples varied significantly, ranging from a low of 0.7g/t Au to a high of 682g/t Au. Full details for these samples are given in Table 1.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report