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Aurelius Minerals Inc.
Summary
| Project: | Lipton | |
|---|---|---|
| Deposit: | Lipton | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-6-2017: Aurelius Minerals Inc. announces an Exploration/Drilling Update report for its Lipton deposit at the Lipton project. Resampling of historic core results incl. 7.70m @ 13.72g/t Au . Vancouver, BC - Aurelius Minerals Inc. (TSX.V: AUL) (the “Compa | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeremy Niemi (Internal) | |
| ABSTRACT: | Vancouver, BC - Aurelius Minerals Inc. (TSX.V: AUL) (the “Company” or “Aurelius”) announces that it has confirmed 13.72 grams per tonne (“g/t”) gold over 7.70 metres (“m”) in historic drill core found during its recent resampling program on the Lipton property. The Company located the 2006 Dentonia Resources core storage facility during its recentsite visit and resampled select intervals including the high-grade gold interval in hole L-06-7. "We are pleased to confirm the high-grade gold mineralization at Lipton, which we believe demonstrates the upside potential of the project," stated Mark N.J. Ashcroft, PEng, Aurelius' President and CEO. "Our confirmation assays give us confidence in our land position and exploration strategy for the area. With our Mikwam property in the Burntbush camp, we are the second-largest landholder in the northern Abitibi after Detour Gold and we are determined to replicate their success by employing proven exploration techniques on our properties. Aurelius is currently finalizing plans to conduct exploration drilling on the Lipton property and looks forward to providing an update on those activities." In addition to the 2006 Dentonia drill core, the Company also located the core from the 2010 Atocha Resources Inc. drill program. The 2010 program was comprised of 7 holes totaling 1,237 m and there are several intervals which were not sampled in favorable horizons for gold mineralization. The Company will commence a detailed relogging and sampling campaign in the coming weeks, ahead of the 2017 field exploration activities. | |
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