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Aurelia Metals Ltd.
Summary
| Project: | Hera | |
|---|---|---|
| Deposit: | Federation | |
| Location: | Australia | |
| Commodities: | Lead-Zinc-Gold-Silver | |
| Date: | 6/9/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 9-6-2020: Aurelia Metals Ltd. announces a Resource Estimation report for its Federation deposit at the Hera project. Initial Mineral Resource for Federation Deposit. Aurelia Metals Limited (Aurelia or the Company) is pleased to announce the completion of | |
| Resources: | (Resources, I+I): 2.6Mt @ 7.7% Pb, 13.5% Zn, 0.8g/t Au, 9g/t Ag | |
| CP/QP: | [Resource] Adam McKinnon, Rupert Osborn (Internal) | |
| ABSTRACT: | Aurelia Metals Limited (Aurelia or the Company) is pleased to announce the completion of a maiden Mineral Resource Estimate (MRE) for the Federation deposit, located ten kilometres south of the Company’s operating Hera Mine near Nymagee, New South Wales. The MRE has been reported in accordance with the guidelines of the JORC Code (2012 Edition) using an NSR cut-off of A$120 per tonne1 . The MRE contains Indicated and Inferred Resources totalling 2.6Mt at 7.7% Pb, 13.5% Zn, 0.8g/t Au and 9g/t Ag (Table 1). Indicated Resources are currently restricted to an area of higher density drilling at the top of the deposit. Resources have been modelled in fresh rock only, extending from 80 to 550 metres below surface (Figure 1). Indicative grade-tonnage curves are shown in Figure 2. The maiden Federation MRE is the culmination of more than 29,000 metres of drilling completed by Aurelia since the discovery of high grade lead, zinc and gold mineralisation in April 2019. Intensive exploration at the Federation site has been managed from the Company’s nearby Hera Mine which currently produces gold doré and base metals concentrate. The MRE has been prepared by Rupert Osborn of H & S Consultants, with Aurelia responsible for compilation of exploration and drilling data, assay validation and geological interpretations. | |
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