Hits Gold In Every Hole In Nova Scotia Drill Programme
Aurelius Minerals Inc. (TSXV: AUL) has intersected gold and identified new gold horizons in the latest three holes at its Aureus West Gold Project located in Nova Scotia, Canada.
The new gold horizons were identified to a depth of 500m below surface, well below the current resource depth of approximately 150m. The Aureus West Project is located approximately one kilometre south from the Aureus East Gold Project. Ten holes were completed, totalling approximately 4,600m, in the 2020 drilling programme.
The high-grade horizons include:
- 2.5m grading 13.2 grams per tonne (g/t) gold including 0.5m grading 46.4 g/t gold; and
- 19m grading 1.3 g/t gold including 0.4m grading 59.8 g/t gold
The multiple gold zones also extend from surface to depth including:
- 114.5m grading 0.5 g/t gold; and
- 34.0m grading 0.5 g/t gold, 19m grading 1.32 g/t gold, and 31.5m grading 1.02 g/t gold
President and CEO, Mark Ashcroft, said the depth extent of gold mineralisation is below previous drilling and to three times the existing resource depth and remains open.
“We are very pleased with the initial assays from our Aureus West Phase One drilling programme,” Mr Ashcroft.
“These results confirm the extensive mineralisation at this project showcasing both high-grade intervals and broad mineral horizons to depth in both holes.
“We are awaiting additional assay results from the balance of the program and will utilise those results to plan our Phase Two programme.
“Further to our experience gained on the Aureus East Project, where the gold mineralisation typically includes a significant coarse gold component, there are situations where the assayed grade does not reflect anticipated values, based on visual assessments.
“The company also encountered this same coarse gold component on the Aureus West Project. Ordinarily, core is split by saw to retain half for storage, and it is possible that the visible gold is not sampled. As such, the company is now sending both sides of the core for assay. On the Aureus East Project, initial results from 21 samples indicate that overall average assay values are significantly increased when the complete sample is sent to the lab. The Company is also looking to drill larger diameter holes providing larger samples sizes going forward.
“Further to our experience gained on the Aureus East Project, where the gold mineralization typically includes a significant coarse gold component, there are situations where the assayed grade does not reflect anticipated values, based on visual assessments.”
Mr Ashcroft said the company also encountered this same coarse gold component on the Aureus West Project.
“Ordinarily, core is split by saw to retain half for storage, and it is possible that the visible gold is not sampled.
“As such, the company is now sending both sides of the core for assay. On the Aureus East Project, initial results from 21 samples indicate that overall average assay values are significantly increased when the complete sample is sent to the lab.
“The company is also looking to drill larger diameter holes providing larger samples sizes going forward.”
