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Aurelia Metals Ltd.
Summary
| Project: | Hera | |
|---|---|---|
| Deposit: | Federation | |
| Location: | Australia | |
| Commodities: | Gold-Lead-Zinc-Silver | |
| Date: | 4/2/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 2-4-2020: Aurelia Metals Ltd. announces an Exploration/Drilling Update report for its Federation deposit at the Hera project. Drilling results incl. 15.4m @ 19.5% Pb, 28% Zn, 10.7g/t Au, 21g/t Ag, 0.8% Cu from 24.3m. Aurelia Metals Limited (“AMI” or the “ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Adam McKinnon (Internal) | |
| ABSTRACT: | Aurelia Metals Limited (“AMI” or the “Company”) is pleased to provide an update on current exploration activities at the Federation prospect near its Hera Mine and in the Kairos area at the Peak Mine. EXCEPTIONAL NEW BASE METAL AND GOLD INTERCEPTS AT FEDERATION Since the initial discovery of high grade base metal mineralisation in April 2019, the Company has committed significant resources to exploration and evaluation of the Federation deposit south of the Hera Mine. At least 70 RC and diamond drill holes have been completed at the prospect with a total of more than 20,000 metres drilled. This work has defined a polymetallic system along a strike of nearly 500 metres, with mineralisation extending from near surface to a depth approaching 600 metres (Figure 1). The deposit remains open in multiple directions and appears to display a regionally-significant “Cobar-style” geometry with strong vertical extents. In the last exploration update (ASX release 10 February 2020) the Company reported additional strong polymetallic mineralisation in the shallow northeast portion of the deposit, including 10 metres at 24.4% Pb+Zn & 14.2g/t Au in FRC046 and 29 metres at 26.6% Pb+Zn in FRC057. High grade mineralisation associated with this zone has now been extended down-plunge by at least 200 metres (Figure 2) as result of recent drilling and assay results, including the following intercepts | |
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