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Aurion Resources Ltd.
Summary
| Project: | Risti | |
|---|---|---|
| Deposit: | Aamurusko Main | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 12/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-12-2019: Aurion Resources Ltd. announces an Exploration/Drilling Update report for its Aamurusko Main deposit at the Risti project. Drilling results incl. 3.53m @ 22.63g/t Au from 44.47m. ST. JOHN'S, Dec. 9, 2019 /CNW/ - Aurion Resources Ltd. (TSX VENTU | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Hussey (Internal) | |
| ABSTRACT: | ST. JOHN'S, Dec. 9, 2019 /CNW/ - Aurion Resources Ltd. (TSX VENTURE:AU) ("Aurion" or the "Company") is pleased to announce that it has received assays from 2 holes drilled at the Aamurusko Main prospect on its wholly owned Risti Project in northern Finland. These holes are follow-up to drill results reported on September 19th, 2018 and February 15th, 2019, which included 789 grams per tonne ("g/t") Au over 2.90 metres ("m") in drill hole AM18042, 42.28 g/t Au over 4.0 m in drill hole AM19082 and 24.50 g/t Au over 4.75 m in drill hole AM19081. "We are very happy with the follow-up results at Aamurusko Main," says David Lotan, Chairman of Aurion. "The high-grade intercepts in AM19113 and AM19114 demonstrate up-dip continuity of previously drilled quartz veins and more importantly shows continuity of the mineralized structure along the Aamurusko Main Contact Zone." Aamurusko Main is located 600 to 700 m southeast of the Aamurusko NW target area where several high-grade drill intercepts were previously reported, including 13.31 g/t Au over 19.54 m, 23.41 g/t Au over 11.10 m and 6.84 g/t Au over 19.00 m. The 2019 drill program at Aamurusko Main was designed as a follow-up to the successful drill program from 2018. The drill program in 2018 targeted a faulted east-west trending gabbro-sediment contact now called the Aamurusko Main Contact Zone (MCZ). AM19113 and AM19114 were the first drill holes at Aamurusko Main since the last drill program ended there in February 2019. Structural analysis of oriented core measurements has indicated that there are multiple orientations of the auriferous quartz veins at Aamurusko Main. Holes AM19113 and AM19114 were drilled to test for a northeast orientation, as found at Aamurusko Northwest. AM19113 and AM19114 intersected significant widths of quartz veins (core lengths of 3.44 m and 3.53 m respectively) with multiple points of visible gold at the MCZ. Both of these quartz vein intercepts exhibit crackseal textures which are typical for high-grade veins at Aamurusko. Other previously drilled crack-seal textured quartz veins in the MCZ which carried lower amounts of gold can be explained by high variability in the gold distribution (nugget effect). | |
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