- High-grade intercepts include 70.10 g/t Au over 0.70 m and 11.99 g/t Au over 2.60 m
- Multiple broad zones of gold mineralization at the NW and Gap Zones expand the mineralized envelopes
- Assay results from 6 Aamurusko holes are pending
- Further results from Helmi Discovery (B2Gold JV) expected in the near future
Summary
- High-grade intercepts
- 70.10 g/t Au over 0.70 m from 76.65 m and 11.99 g/t Au over 2.60 m from 174.70 m (AM21195), and 27.60 g/t Au over 0.70 m from 23.25 m (AM21186)
- Multiple broad zones of gold mineralization at the NW and Gap Zones expand the mineralized envelopes
- Broad zones with alteration and deformation associated with elevated gold grades expand the mineralized domain along strike and with depth
- Drill hole AM21195 intersected multiple zones of gold mineralization through nearly the entire length of the hole (300.40 m).
- The average grade of the composite is 0.46 g/t Au over 268.30 m from 29.00 m, which includes higher grade gold and barren intervals.
- Other mineralized intervals include, for example
- 2.14 g/t Au over 7.85 m from 3.50 m (AM21186), 1.20 g/t Au over 7.35 m from 63.00 m (AM21185), 0.22 g/t Au over 40.10 m from 93.25 m (AM21192), 0.21 g/t Au over 32.80 m from 83.65 m (AM21193), 0.24 g/t Au over 18.40 m from 20.70 m (AM21191)
- Assay results from 6 Aamurusko holes are pending
- Further results from Helmi Discovery (B2Gold JV) expected in the near future
- Aurion is fully funded for planned exploration activities into 2024
Comments
"This was a decent campaign for Aamurusko. The hit rate remains high as all holes intersected gold mineralized zones and expanded the mineralized envelopes at the NW and Gap Zones," commented
Figures and images can be found at: https://aurionresources.com/site/assets/files/1421/nr22-01figures.pdf.
Discussion
Aurion has completed a 17-hole, 3,557.50 m, diamond core drilling program at Aamurusko during the fall and winter of 2021. Gold results for the fire assay with AAS finish method have been received for 11 holes with screen assay results on all selected samples (i.e. samples with visible gold grains) pending. Results for the remaining 6 drill holes are also pending.
The program was designed to test the gold potential of several structures in the NW and Gap Zones. This includes recently identified parallel structures to the north of previously drilled areas and the extensions of gold bearing structures identified in gabbro along the interpreted southern domain boundary.
The Company, along with drilling company
All holes intersected zones of gold mineralization. A summary of the gold intercepts is presented in Table 1.
Table 1: Aamurusko Drilling Result Summary
Aamurusko Drilling Result Summary | ||||||||
Hole ID | Azimuth | Dip | From (m) | To (m) | Width (m) | Au (g/t) | Target Area | Comments |
AM21185 | 153.8 | -45.9 | 54.40 | 57.10 | 2.70 | 0.86 | Aamurusko NW | |
and | 63.00 | 70.35 | 7.35 | 1.20 | ||||
and | 83.50 | 84.00 | 0.50 | 1.35 | ||||
and | 88.40 | 89.50 | 1.10 | 1.12 | ||||
AM21186 | 333.0 | -45.9 | 3.50 | 11.35 | 7.85 | 2.14 | Aamurusko NW | |
incl. | 8.25 | 11.35 | 3.10 | 4.16 | ||||
and | 23.25 | 23.95 | 0.70 | 27.60 | VG observed | |||
and | 57.45 | 58.45 | 1.00 | 2.47 | ||||
AM21187 | 125.5 | -38.5 | 211.30 | 212.80 | 1.50 | 0.73 | ||
AM21188 | 204.6 | -39.2 | 82.35 | 83.10 | 0.75 | 1.74 | VG observed | |
and | 171.30 | 172.40 | 1.10 | 1.25 | ||||
and | 182.15 | 182.70 | 0.55 | 0.98 | ||||
and | 228.10 | 229.50 | 1.40 | 1.41 | ||||
and | 336.55 | 337.25 | 0.70 | 0.95 | ||||
AM21189 | 125.1 | -38.9 | 180.10 | 180.85 | 0.75 | 8.63 | VG observed | |
AM21190 | 124.0 | -38.4 | 50.00 | 50.95 | 0.95 | 1.16 | ||
and | 60.95 | 70.35 | 9.40 | 0.18 | ||||
AM21191 | 306.3 | -38.5 | 20.70 | 39.10 | 18.40 | 0.24 | ||
incl. | 30.20 | 31.25 | 1.05 | 1.08 | ||||
AM21192 | 152.5 | -45.7 | 93.25 | 133.35 | 40.10 | 0.22 | ||
incl. | 115.70 | 116.85 | 1.15 | 2.01 | ||||
incl. | 128.00 | 129.20 | 1.20 | 2.37 | ||||
AM21193 | 152.6 | -45.8 | 83.65 | 116.45 | 32.80 | 0.21 | ||
incl. | 99.90 | 100.85 | 0.95 | 1.67 | ||||
and | 182.05 | 182.60 | 0.55 | 3.27 | ||||
AM21194 | 9.9 | -45.4 | 35.40 | 46.25 | 10.85 | 0.20 | Aamurusko NW | |
and | 55.85 | 74.25 | 18.40 | 0.16 | ||||
and | 106.15 | 116.50 | 10.35 | 0.22 | ||||
AM21195 | 10.5 | -64.6 | 29.00 | 35.30 | 6.30 | 0.44 | Aamurusko NW | VG observed |
incl. | 29.90 | 30.90 | 1.00 | 1.02 | ||||
and | 55.55 | 56.55 | 1.00 | 1.04 | ||||
and | 76.65 | 77.35 | 0.70 | 70.10 | VG observed | |||
and | 95.60 | 103.00 | 7.40 | 1.07 | ||||
incl. | 97.60 | 100.00 | 2.40 | 2.69 | ||||
and | 106.70 | 107.70 | 1.00 | 1.61 | ||||
and | 117.60 | 118.50 | 0.90 | 1.18 | VG observed | |||
and | 174.70 | 177.30 | 2.60 | 11.99 | ||||
incl. | 174.70 | 175.55 | 0.85 | 35.90 | VG observed | |||
and | 187.00 | 187.80 | 0.80 | 1.62 | ||||
and | 215.00 | 216.85 | 1.85 | 1.10 | ||||
and | 236.35 | 297.30 | 60.95 | 0.18 | ||||
incl. | 286.00 | 287.10 | 1.10 | 1.80 |
All widths are core widths. True width is not known at this time. All assay values are uncut. | ||||||||
Screen assays have not been received for any of the samples. |
Drill holes AM21185, AM21186, AM21194 and AM21195 were collared on a plateau area above the steep part of the hill. All drill holes intersected gold mineralized intervals. The gold mineralization is hosted in silica and sericite altered clastic sediments containing quartz veining and pyrite dissemination.
AM21185 and AM21186 targeted the near-surface extensions of the mineralized envelope at the
Drill hole AM21185 intersected 0.86 g/t Au over 2.70 m from 54.40 m, 1.20 g/t Au over 7.35 m from 33.00m, 1.35 g/t Au over 0.50 m from 83.50 m, 1.12 g/t Au over 1.10 m from 88.40 m in clastic sediments with alteration, quartz veining and pyrite dissemination.
Drill hole AM21186 intersected 2.14 g/t Au over 7.85 m from 3.50 m, 27.60 g/t Au over 0.70 m from 23.25 m and 2.47 g/t over 1.0 m from 57.45 m in clastic sediments with alteration, quartz veining and pyrite dissemination.
AM21194 and AM21195 targeted the extension of the
The drill holes extend the mineralized envelope at
AM21194 targeted the contact zone between greywacke and clastic sediment units. The hole intersected altered, quartz veined intervals with pyrite dissemination returning elevated zones of gold mineralization including, but not limited to, 0.20 g/t Au over 10.85 m from 35.40 m, 0.16 g/t Au over 18.40 m from 55.85 m, and 0.22 g/t Au over 10.35 m from 106.15 m. The lower part of the hole (82.70–250.70 m) intersected mainly greywacke unit.
AM21195 targeted the clastic sediment unit close to the contact with the greywacke unit. The drill hole intersected several broad zones of altered clastic sediments with quartz veins and pyrite dissemination with elevated gold values. High-grade intervals include 70.10 g/t Au over 0.70 m from 76.65 m and 11.90 g/t Au over 2.60 m from 174.70 m. Lower grade intervals include 1.02 g/t Au over 1.0 m from 29.90 m, 1.04 g/t Au over 1.00 m from 55.55 m, 1.07 g/t Au over 7.40 m from 95.60 m, 1.61 g/t Au over 1.00 m from 106.70 m, 1.18 g/t Au over 0.90 m from 117.60 m, 1.62 g/t Au over 0.80 m from 187.00, 1.10 g/t Au over 1.85 m from 215.00 m and 1.80 g/t Au over 1.10 m from 286.00 m. Visible gold grains were observed in several intervals. The average grade of the composite including higher-grade gold and barren intervals is 0.46 g/t Au over 268.30 m from 29.00 m.
Drill holes AM21187-AM21193 were collared on plateau areas in the middle part of the hill. The drill holes targeted the potential extensions of a quartz vein stockwork identified on surface and several other structures interpreted from mapping and geophysical surveys. Drill holes were drilled towards various directions in order to provide orientation data of the structural framework in an area that had previously seen only very limited drilling.
All drill holes intersected gold mineralized intervals. The gold mineralization is hosted in silica and sericite altered clastic sediments containing quartz veining and pyrite dissemination. The drilling identified a broad envelope (minimum size of 150 m by 150 m) with mineralization including higher grade, lower grade and barren intervals.
AM21187 was drilled from the eastern part of the
AM21188 was drilled from the southern part of the
AM21189 was drilled from the southern part of the
AM21190 was collared in the central part of the
AM21191 was collared in the central part of the
AM21192 was collared in the northern part of the
AM21193 was collared in the northwestern part of the
Exploration Outlook
Aurion is looking forward to an active year of systematic exploration. Diamond core drilling is planned with 1-2 rigs throughout the year to test targets within Aurion's 100% owned properties and JV with B2Gold.
The Company is planning to drill along the Aamurusko trend to test the extensions of the identified mineralized zones as well as to test recently identified prospective structures extending into several lithologies including, but not limited to, gabbro, mafic volcanics and conglomerates.
Scout drilling is planned to test several targets including the Notches prospect and other regional targets identified from base of till and geophysical programs.
A regional base of till sampling program is ongoing with two rigs. The program includes follow up sampling in many areas that have returned anomalous gold values from previous work by Aurion. The program will also be expanded to previously unexplored areas along interpreted major structural features with an aim to identify mafic and ultramafic hosted gold mineralization such as the Ikkari Discovery (Rupert Resources) and the Helmi Discovery (Aurion-B2Gold JV).
Other planned exploration activities include but are not limited to geophysical surveys and trenching.
Quality Assurance, Quality Control and Qualified Person
All samples were delivered to ALS preparation facility in Sodankylä,
This news release has been reviewed by
About Aurion
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SOURCE
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