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Aurelius Minerals Inc.
Summary
| Project: | Lipton | |
|---|---|---|
| Deposit: | Lipton | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-11-2017: Aurelius Minerals Inc. announces an Exploration/Drilling Update report for its Lipton deposit at the Lipton project. Drilling results incl. 1.50m @ 7.44g/t Au from 144.5m. Vancouver, BC - Aurelius Minerals Inc. (TSX.V: AUL) (the “Company” or “A | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Scott Zelligan (Internal) | |
| ABSTRACT: | Vancouver, BC - Aurelius Minerals Inc. (TSX.V: AUL) (the “Company” or “Aurelius”) is pleased to announce additional assay results from the recently completed Phase One 2017 exploration program on the Lipton Property. Results from seven of twelve holes are reported here. All seven holes intersected gold mineralization. Results from the remaining five holes are pending. The property is located directly adjacent to the Detour Gold property and 4.5 km south of their 58-N discovery. “Intersecting near surface gold mineralization in all seven holes is very encouraging and, we feel, indicative of an extensive gold system” stated Mark N.J. Ashcroft, P.Eng, Aurelius President and CEO. “These results are exciting for our team and open up potential for additional gold mineralization at Lipton. Plans are currently being made to get back on the ground to carry out the next phase of exploration early in the new year” continues Ashcroft. Aurelius previously announced partial hole results of hole AUL-17-01 on September 11, 2017. The program included a total of 1,833 metres of NQ core drilling in 12 holes from 9 distinct platforms and a deep looking ground induced polarization (IP) survey covering 11-line kilometers. The primary goals of the maiden program were to confirm our interpretation of the local controls on gold mineralization, to test a number of new targets based on previous drilling and geophysics and to generate new targets to the north of the main Lipton target. | |
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