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Auris Minerals Ltd.
Summary
| Project: | Morcks Well | |
|---|---|---|
| Deposit: | Morcks Well | |
| Location: | Australia | |
| Commodities: | Copper-Gold-Zinc-Lead-Silver | |
| Date: | 1/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-1-2019: Auris Minerals Ltd. announces an Exploration/Drilling Update report for its Morcks Well deposit at the Morcks Well project. Drilling results incl. 5m @ 1630ppb Au from 70m. Western Australian base metals explorer Auris Minerals Limited (“Auris” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew Svensson (Independent) | |
| 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 completed during the December quarter 2018 at the Morck Well Joint Venture (“JV”) with Sandfire Resources NL (“Sandfire”; ASX: SFR) in the Bryah Basin, Western Australia. The current JV spend to date is $7.4M. Diamond Drilling (DD) Two DD tails were completed during Q4 2018, for a total advance of 1,135m (Table 1; Fig. 1). Both holes were pre-collared by RC drilling. Four DD holes have been drilled by Sandfire Resources on the Morck Well JV, to date (for 2,465m). MWDD0002 (1,084m total depth) was drilled to test the down-dip continuity of the target sedimentary horizon, approximately 350m below MWRC0001 and 550m below the deepest massive sulphide intercept, in MWAC0112 (Fig. 2). A mixed package of exhalative sediments and peperitic pillow basalts was intersected at the target depth, with minor pyrrhotite, sphalerite and trace pyrite disseminated in the sediments and close to peperitic contacts. Massive dolerites cross-cut the entire sequence. MWDD0003A (313m total depth) was drilled to test a subtle EM anomaly, identified in a downhole EM survey of MWDD0001. MWDD0003A intersected two zones (1.6m and 10.7m thick) of semi-massive and stringer-style pyrite and chalcopyrite, at the modelled conductor depth within the target exhalative sediment horizon which features chlorite alteration. The hole ended in dolerite. The horizon is now considered fully tested at this target location and at this stage no more work is anticipated. | |
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