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Aurion Resources Ltd.
Summary
| Project: | Risti | |
|---|---|---|
| Deposit: | Aamurusko | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 2/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-2-2019: Aurion Resources Ltd. announces an Exploration/Drilling Update report for its Aamurusko deposit at the Risti project. Drilling results incl. 4.00m @ 42.28g/t Au from 40.0m. ST. JOHN'S, Feb. 5, 2019 /CNW/ - Aurion Resources Ltd. (TSXV: AU) ("Auri | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mike Basha (Internal) | |
| ABSTRACT: | ST. JOHN'S, Feb. 5, 2019 /CNW/ - Aurion Resources Ltd. (TSXV: AU) ("Aurion" or the "Company") is pleased to report new highgrade assay results in drilling at the Aamurusko prospect on its Risti Project in northern Finland. High-grade gold mineralization intersected at shallow depths in the current drill campaign expands known mineralization in an area that is now estimated to be 56 m wide in an east-west orientation with a subvertical distance of 110 m. Multiple high-grade (anything greater than 10 g/t Au is considered high-grade here) intercepts occur in this area. While true widths are unknown at this time, the ability to successfully target and intercept gold mineralization with drill step outs < 25 m both vertically and horizontally suggests that the mineralization appears to form part of a coherent body or shoot. The mineralization lies along the faulted/sheared contact between a gabbro intrusive and sedimentary rocks. Mineralization remains open. The Aamurusko boulder field comprising 1,210 angular boulders that assayed an average of 25 g/t Au (previously disclosed) is > 1.2 km wide. The current drilling has been focused over an east-west distance of 250 m at the eastern extent of the boulder field. This suggests that the mineralization encountered there is only one source of the many high-grade boulders at Aamurusko. | |
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