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Auris Minerals Ltd.

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Summary

Project:

Forrest

Deposit:Wodger
Location:Australia
Commodities:Copper-Silver-Bismuth
Date:1/24/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:24-1-2018: Auris Minerals Ltd. announces an Exploration/Drilling Update report for its Wodger deposit at the Forrest project. Driling results incl. 72m @ 0.21% Cu from 344m. Auris Minerals Limited (ASX:AUR) is pleased to provide an update on the latest dr
Resources:x
CP/QP:[Overall Report]: Richard Pugh (Internal)
ABSTRACT:Auris Minerals Limited (ASX:AUR) is pleased to provide an update on the latest drilling at the Company’s Forrest Project1 (ASX:AUR, Auris 80%; ASX:FEL, Fe Ltd 20%), located in Western Australia’s Bryah Basin (Figure 5). Two diamond core holes, FGDD007 and WRDD004, were completed at the Forrest and Wodger Prospects respectively, in late 2017. Both prospects were drilled to test relatively deep conductors, interpreted to be due to possible massive sulphides. The Forrest target was defined after the reprocessing of data from a ground-based moving loop EM (MLEM) survey, completed in April 2017, and the Wodger target was defined from downhole EM (DHEM) data surveyed from a previous hole, WRDD003, drilled in October 2017. Both new holes were cased for DHEM and the surveys were conducted in early January. Auris CEO Wade Evans said: “This programme clearly demonstrates that a large mineralising system exists at Wodger. Thick intercepts of up to 100m of anomalous copper has been intersected from near surface to a depth of about 350m. Understanding this mineralised system and targeting potential higher-grade zones remains a high priority for the company and we are now planning our next phase of exploration activity.” WRDD004 was drilled to a depth of 610m and intersected an inter-bedded sequence of fine- to mediumgrained chloritic sediments (mudstones, siltstones and sandstones), interpreted as Ravelstone Formation, which overlies a 282m-thick intercept of Narracoota Formation basalts.

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