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Aurelia Metals Ltd.
Summary
| Project: | Hera | |
|---|---|---|
| Deposit: | North Pod | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 4/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-4-2017: Aurelia Metals Ltd. announces an Exploration/Drilling Update report for its North Pod deposit at the Hera project. Drilling results incl. 17m @ 10g/t Au, 41g/t Ag, 3.2% Pb, 4.3% Zn from 101m. Aurelia Metals Limited (“AMI” or the “Company”) is pl | |
| 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 results of exploration drilling designed to test for depth extensions to the existing North Pod mineralisation. Aurelia’s Managing Director & CEO, Jim Simpson comment: “The latest deep drilling results confirm the exciting potential of the North Pod. The continuity of the high grade zone has refocused the company’s strategy to fast track production from this high value resource” said Mr Simpson. Development of a dedicated drill platform on the 555 Level will be commenced shortly to allow the zone above and below HRUD470 to be fully explored. A new development access to the upper levels of North Pod will also be commenced during the next month. The first stage of infill drilling, targeting the lower North Pod, is now complete. The second stage of infill drilling will focus on the upper North Pod. The latest results are consistent with previous high grade intercepts, and add further support that the lode consists of a south-plunging high grade base metal zone, overlapped by a zone of high to very high grade gold. Detailed modelling and resource estimation for the North Pod has commenced. This will be followed by detailed mine planning to accelerate mining and production from the lower North Pod. Two drill rigs are currently undertaking infill drilling of Hera Deeps targets. All current drill results, including those from North Pod, will be incorporated into a mid-year resource and reserve statement. | |
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