Summary
Broad zones of consistent gold mineralization extend the Helmi Discovery
1.73 grams per tonne gold (g/t Au) over 44.95 metres (m) from 109.60 m, including 4.00 g/t Au over 9.20 m (IKK21006).
Mineralization extended 90 m down-dip from hole IKK21002
1.42 g/t Au over 30.70 m from 55.40 m and 8.39 g/t Au over 2.65 m from 165.40 m (IKK21009)
Mineralization extended 115 m along strike from drill hole IKK21002 o 1.46 g/t Au over 28.70 m from 19.80 m IKK21008
Mineralization extended 50 m up-dip from drill hole IKK21003
Assay results from an additional 7 holes drilled at Helmi during the 2021 drill program are pending
CAN$ 10 million JV budget for 2022
Exploration plans include approximately 12,000 m of drilling
Aurion is well positioned to contribute its 30% proportionate share of the expenditure
Comments
'Every one of the first five holes at the core of the Helmi Discovery have returned broad intervals of consistent gold mineralization indicating the existence of a mineralized system of scale. Eight of the first 13 holes over the extent of the Helmi Discovery intersected multiple zones of gold mineralization. Only six months after the first drill hole, the Helmi discovery is already showing potential to expand into an economic gold deposit at favorable pace and discovery costs as recently demonstrated by
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