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Aurion Resources Ltd.
Summary
| Project: | Risti | |
|---|---|---|
| Deposit: | Aamurusko | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 12/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-12-2018: Aurion Resources Ltd. announces an Exploration/Drilling Update report for its Aamurusko deposit at the Risti project. Drilling results incl. 1.80m @ 17.1g/t Au from 176.0m. ST. JOHN'S, Dec 11, 2018 /CNW/ - Aurion Resources Ltd. (TSXV: AU) ("Au | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mike Basha (Internal) | |
| ABSTRACT: | ST. JOHN'S, Dec 11, 2018 /CNW/ - Aurion Resources Ltd. (TSXV: AU) ("Aurion" or the "Company") is pleased to provide an update on drilling results at Aamurusko on its Risti Project in northern Finland. v High grade mineralization predictably intersected in several drillholes may define a coherent zone/shoot comprised of at least two primary auriferous vein sets filling the space of the shoot. The shoot can also be envisioned as a zone that has a narrow horizontal dimension (strike) but with a long and steep plunge lying on the northern contact between the gabbro and the clastic sediments in an inflection (dilation zone) along the contact caused by faulting/shearing. The width and strike length of the shoot are not known at this time. The identification of a shoot-like geometry linking intercepts in holes 77-42-51-54-75 is an exciting development as mineralized shoots tend to be vertically continuous for long distances down plunge and are expected features in orogenic gold systems. The gabbro sill remains a principal focus for targeting gold mineralization over a distance of > 1.3 km at Aamurusko to Aamurusko Northwest, however, gold mineralization has been encountered in clastic sediments to the north of the gabbro, at the north and south contact of the gabbro and in the volcanics to the south. Drilling from the south using a track mounted rig has successfully intersected high grade mineralization and can thus increase our drilling flexibility while reducing our cost in testing the Aamurusko target. Aamurusko Drilling Multiple zones of gold mineralization have now been identified at Aamurusko. Three zones over >300 m strike length are currently known at the main Aamurusko target area. Mineralization was also identified >700 m to the northwest. | |
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