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Aurion Resources Ltd.
Summary
| Project: | Risti | |
|---|---|---|
| Deposit: | Aamurusko | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 9/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-9-2019: Aurion Resources Ltd. announces an Exploration/Drilling Update report for its Aamurusko deposit at the Risti project. Drilling results incl. 28.22m @ 9.42g/t Au from 69.86m. ST. JOHN'S, Sept. 5, 2019 /CNW/ - Aurion Resources Ltd. (TSX VENTURE:AU | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mike Basha (Internal) | |
| ABSTRACT: | ST. JOHN'S, Sept. 5, 2019 /CNW/ - Aurion Resources Ltd. (TSX VENTURE:AU) ("Aurion" or the "Company") is pleased to announce that it has received assays from an additional 6 drill holes at the Aamurusko Northwest (NW) prospect on its wholly-owned Risti Project in northern Finland. These holes are follow-up to drill results reported on June 26 th, 2019, which intersected a wide zone of gold mineralization (13.31 g/t Au over 19.54 m including 22.58 g/t Au over 8.18 m in drill hole AM19095). Aamurusko NW is located approximately 600 m northwest of the Aamurusko Main target area where several high-grade intercepts were previously reported, including 789.10 g/t Au over 2.9 m, 42.40 g/t Au over 4.0 m and 24.50 g/t Au over 4.75 m. Mineralization at Aamurusko NW is defined by wide zones of mineralized material comprising highgrade veins (10 – 250 g/t Au) accompanied by highly anomalous disseminated pyrite (0.1 to 5 g/t Au), as well as narrow-sheeted and stockwork veinlets. To date, assays have been received for 8 drill holes on 4 sections 20 m apart. Assays are pending for an additional 5 drill holes from Aamurusko NW. The estimated true thickness of the zone is 70% of core length, trends NE-SW and may have a plunge. The zone continues to a depth of at least 150 m vertically and is open. Given Aurion's success to date, a second, more powerful drill rig has been added, and is currently drilling Aamurusko NW. The addition of the second rig is anticipated to improve drilling efficiency substantially. | |
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