- New gold intercepts at the Helmi Discovery include:
- 2.44 g/t Au over 43.45 m
- 1.44 g/t Au over 67.20 m
- 1.46 g/t Au over 39.00 m
- 1.57 g/t Au over 31.85 m
- 2.05 g/t Au over 18.30 m
- Scout drilling intersects high-grade gold mineralization, 39.40 g/t Au over 1.40 m, 900 m northwest of Helmi
- Assays pending for 12 holes
- Summer drilling program commenced
Summary
- New gold intercepts at the Helmi Discovery include:
- 2.44 g/t Au over 43.45 m from 151.95 m (IKK22029)
- 1.44 g/t Au over 67.20 m from 166.00 m (IKK22030)
- 1.46 g/t Au over 39.00 m from 137.50 m (IKK22025)
- 1.57 g/t Au over 31.85 m from 119.00 and 2.05 g/t Au over 18.30 m from 174.90 m (IKK22024)
- Mineralization extended along strike to the west and up and down dip
- Scout drilling intersects high-grade gold mineralization
- 39.40 g/t Au over 1.40 m from 64.30 m (KUE22011)
- New zone of gold mineralization located 900 m northwest of the Helmi Discovery
- Assays pending for 12 holes
- Winter drilling program, 29 holes totaling 6,552.40 m, targeted the extensions of the Helmi Discovery along strike and at depth and selected new geophysical and geochemical targets.
- Summer drilling program commenced
"We continue to be impressed by the continuity and consistency of mineralization at Helmi," Commented
Figures associated with this release can be found at the following link: https://www.aurionresources.com/site/assets/files/1441/nr22_09figure.pdf.
The Helmi Discovery is located approximately 1.3 km west of Rupert Resources' 3.95-million-ounce Ikkari Discovery, along an approximately 8 km long sequence of prospective geology along a domain boundary in the eastern part of the JV property extending from the Ikkari Discovery to the Kutuvuoma test pit.
The Helmi Discovery was made during the second half of 2021 and the maiden drilling program of 20 holes, totaling 5,201.5 m, returned a number of significant intercepts including 1.84 g/t Au over 52.40 m, 1.73 g/t Au over 44.95 m, 1.42 g/t Au over 30.70 m, 1.42 g/t Au over 30.60 m, 1.46 g/t Au over 28.70 m and 1.11 g/t Au over 45.80 m.
Mineralization at Helmi is hosted by strongly deformed and altered, quartz-carbonate veined ultramafic rocks and mafic tuffs with fine grained disseminated and veinlet pyrite and local disseminated and veinlet magnetite.
The mineralized zones at Helmi are open along strike and at depth. The Helmi area covers approximately 1.5 km strike length of the 8 km long structural corridor of which the majority remains untested.
A total of 29 holes, 6,552.40 m, were drilled at Helmi and nearby target areas from February to
This press release contains results for 9 holes (2,195.80 m) that targeted the Helmi Discovery and 5 scout holes (1,203.60 m) that tested regional targets.
At Helmi, the mineralization was extended along strike to the west and up and down dip. Scout drilling intersected a new zone of high-grade gold mineralization approximately 900 northwest of Helmi.
Table 1: Aurion-B2Gold JV Drilling Summary
Aurion-B2Gold JV Drilling Result Summary | |||||||
Hole ID | Azimuth | Dip | From (m) | To (m) | Width (m) | Au (g/t) | Target Area / Notes |
IKK22020 | 159.5 | -50.0 | 58.00 | 59.25 | 1.25 | 0.98 | Helmi |
and | 68.00 | 69.00 | 1.00 | 1.50 | |||
and | 79.00 | 79.90 | 0.90 | 1.12 | |||
and | 84.07 | 85.00 | 0.93 | 2.74 | |||
and | 105.27 | 119.00 | 13.73 | 0.72 | |||
IKK22021 | 159.5 | -50.0 | 365.85 | 371.55 | 5.70 | 1.21 | Helmi |
IKK22022 | 159.5 | -50.0 | 103.00 | 106.45 | 3.45 | 1.22 | Helmi |
and | 112.05 | 121.70 | 9.65 | 1.42 | |||
and | 137.85 | 142.15 | 4.30 | 0.69 | |||
IKK22023 | 159.5 | -50.0 | 32.85 | 34.25 | 1.40 | 0.94 | Helmi |
IKK22024 | 159.5 | -55.0 | 119.00 | 150.85 | 31.85 | 1.57 | Helmi |
and | 162.70 | 167.75 | 5.05 | 1.01 | |||
and | 174.90 | 193.20 | 18.30 | 2.05 | |||
IKK22025 | 159.5 | -50.0 | 98.50 | 137.50 | 39.00 | 1.46 | Helmi |
IKK22026 | 159.5 | -50.0 | 149.55 | 150.00 | 0.45 | 45.80 | Helmi |
and | 155.25 | 156.00 | 0.75 | 1.09 | |||
IKK22029 | 159.5 | -50.0 | 151.95 | 195.40 | 43.45 | 2.44 | Helmi |
incl. | 152.40 | 158.90 | 6.50 | 4.19 | |||
IKK22030 | 159.5 | -50.0 | 166.00 | 233.20 | 67.20 | 1.44 | Helmi |
and | 239.60 | 241.00 | 1.40 | 1.32 | |||
KUE22010 | 149.5 | -50.0 | NSV | Scout | |||
KUE22011 | 159.5 | -50.0 | 64.30 | 65.70 | 1.40 | 39.40 | Scout |
KUE22012 | 159.5 | -50.0 | NSV | Scout | |||
KUE22015 | 159.5 | -50.0 | NSV | Scout | |||
KUE22016 | 339.5 | -50.0 | NSV | Scout |
All widths are core widths. True width is not known at this time. All assay values are uncut. | |||||||
NSV - no significant values |
Drill hole IKK22020 was collared 125 m to the northwest from IKK21010 (1.11 g/t Au over 45.80 m) and was drilled from north to south. IKK22020 intersected several mineralized intervals including 0.72 g/t Au over 13.73 m from 105.27 m.
Drill hole IKK22021 was collared 185 m to the northwest from IKK21011 (0.51 g/t Au over 41.00 m) and was drilled from north to south. IKK22021 intersected 1.21 g/t Au over 5.70 m from 365.85 m across the contact between altered and veined mafic rocks and
Drill hole IKK22022 was collared 50 m to the northwest from IKK21004 (0.64 g/t Au over 13.45 m and 0.87 g/t Au over 36.32 m) and was drilled from north to south. IKK22022 intersected several mineralized intervals including 1.42 g/t Au over 9.65 m from 112.05 m.
Drill hole IKK22023 was collared 260 m to the northwest from IKK21010 (1.11 g/t Au over 45.80 m) and was drilled from north to south. IKK22023 did not intersect any significant values within the altered ultramafic-mafic unit and is interpreted to have drilled below the mineralized shoot.
Drill hole IKK22024 was collared 60 m to the northwest from IKK21011 (0.51 g/t Au over 41.00 m) and was drilled from north to south. IKK22024 intersected a wide zone of alteration and mineralization returning intervals of 1.57 g/t Au over 31.85 m from 119.00 m, 1.01 g/t Au over 5.05 m from 162.70 m and 2.05 g/t Au over 18.30 m from 174.90 m.
Drill hole IKK22025 was collared 145 m to the west from IKK21013 (3.22 g/t Au over 5.00 m) and was drilled from north to south. IKK22025 intersected a mineralized zone of 1.46 g/t Au over 39.00 m from 98.50 m. This interval is a significant westward extension to the previously defined Helmi mineralization.
Drill hole IKK22026 was collared 160 m to the northwest from IKK21009 (1.42 g/t Au over 30.70 m) and was drilled from north to south. IKK22026 intersected the altered ultramafic-mafic unit returning intervals of 45.80 g/t Au over 0.45 m from 149.55 m and 1.09 g/t Au over 0.75 m from 155.25 m.
Drill hole IKK22029 was collared 180 m to the northwest from IKK21003 (1.84 g/t Au over 52.40 m) and was drilled from north to south. IKK22029 intersected a mineralized zone of 2.44 g/t Au over 43.45 m from 151.95 m including 4.19 g/t Au over 6.50 m from 152.40 m.
Drill hole IKK22030 was collared 215 m to the northwest from IKK21010 (1.11 g/t Au over 45.80 m) and was drilled from north to south. IKK22030 intersected a mineralized zone of 1.44 g/t Au over 67.20 m from 166.00 m.
Scout drill hole KUE22010 was collared approximately 780 m to the west-northwest of the Helmi Discovery and was drilled from north to south. KUE22010 intersected a mineralized zone with 0.56% Cu over 15.00 m from 139.60 m which also includes several elevated (>0.10 g/t Au) values.
Scout drill hole KUE22011 was collared approximately 900 m to the northwest of the Helmi Discovery and was drilled from north to south. KUE22011 intersected a mineralized interval of 39.40 g/t Au over 1.40 m from 64.30 m. This interval, along with other elevated (>0.10 g/t Au) values, lies within a zone of 0.34% Cu over 12.35 m from 59.65 m.
Scout drill hole KUE22012 was collared approximately 1,300 m to the northwest of the Helmi Discovery and was drilled from north to south. KUE22012 did not intersect significant mineralization.
Scout drill hole KUE22015 was collared approximately 1,300 m to the northwest of the Helmi Discovery and was drilled from north to south. KUE22015 did not intersect significant mineralization.
Scout drill hole KUE22016 was collared approximately 1,200 m to the west-northwest of the Helmi Discovery and was drilled from south to north. KUE22016 intersected a mineralized zone with 0.23% Cu over 6.00 m from 155.00 m which also includes several elevated (>0.10 g/t) values to 0.35 g/t Au.
The Joint Venture (30% Aurion/70%
All samples were delivered to ALS preparation facility in Sodankylä,
This news release has been reviewed by
On behalf of the Board of Directors,
Neither the
SOURCE
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