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Auris Minerals Ltd.
Summary
| Project: | Forrest | |
|---|---|---|
| Deposit: | Wodger, Big Billy | |
| Location: | Australia | |
| Commodities: | Copper-Silver-Bismuth | |
| Date: | 12/5/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-12-2018: Auris Minerals Ltd. announces an Exploration/Drilling Update report for its Wodger, Big Billy deposit at the Forrest project. Driling results incl. 8m @ 1.02g/t Au from 20m. Western Australian base metals explorer Auris Minerals Limited (“Auris | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Pugh (Internal) | |
| ABSTRACT: | Western Australian base metals explorer Auris Minerals Limited (“Auris” or “the Company”) (ASX: AUR) is pleased to provide the following update on exploration activities at the Company’s Wodger and Big Billy Prospects in the Bryah Basin of Western Australia. Following the completion of an aircore drilling programme in September (see ASX release dated 10 October 2018), three additional exploration targets have been defined between the Wodger and Big Billy Prospects respectively. In total, 83 holes were drilled for 7,328m, all inclined at 60° towards 090°, at 100m intervals along 300-400m-spaced traverses. The planned programme was modified to control costs, as the average depth of holes was proving to be deeper than expected (average depth 88m vs planned 50m). Although this so-called “prospective corridor” has always been regarded as important, the area has never been effectively sampled prior. The recently completed geological interpretation of the Forrest Project area suggests that the corridor is underlain by the prospective Upper Narracoota Formation volcanics, in contact with overlying sediments of the Ravelstone Formation. This drilling has largely confirmed this interpretation and even though the Narracoota Formation may not be as extensive as initially interpreted, the prospective ‘Upper contact’ has been mapped at a broad scale. | |
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