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Auris Minerals Ltd.

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Summary

Project:

Forrest

Deposit:Forrest
Location:Australia
Commodities:Copper-Gold
Date:7/2/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:2-7-2020: Auris Minerals Ltd. announces a Resource Estimation report for its Forrest deposit at the Forrest project. Initial Mineral Resource Estimate for Project. Western Australian Gold and Base Metals explorer Auris Minerals Limited (“Auris” or “the Co
Resources:x
CP/QP:[Resource] Shaun Searle (Ashmore Advisory Pty Ltd.)
ABSTRACT:Western Australian Gold and Base Metals explorer Auris Minerals Limited (“Auris” or “the Company”) (ASX: AUR) is pleased to announce a maiden Mineral Resource estimate reported in compliance with JORC (2012), for its Forrest Project, located 130 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. The Forrest Project includes tenements E52/1659 and E52/1671, which fall under an agreement with Westgold Resources Limited (“WGX”) whereby WGX own all gold rights and a 20% free carried interest until a decision to mine for all copper rights. Resource Estimation A Mineral Resource estimate has been undertaken on the Forrest and Wodger prospects within the Forrest Project. The estimation was completed by Ashmore Advisory Pty Ltd based on data and geological interpretations provided by Auris. A total Inferred Resource of 2.4 Mt @ 1.7% Cu and 0.44g/t Au for 41,500 t Cu and 34,300 oz Au has been estimated for both deposits and reported above a nominal 1.0% Cu cut-off grade.

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