Aurion Reports the First Results from the Autumn Drill Program at Kaaresselkä, Risti property
- Drill intercepts, including 3.72 g/t Au over 10.35 m and 1.19 g/t Au over 15.00 m, extend the mineralized system by approximately 100 m at depth
- Further evidence on the continuity of the mineralized system at Kaaresselkä
- Results pending for over 20 holes, drilling ongoing
Summary
-
Further evidence on the continuity of the mineralized system at Kaaresselkä
- 3.72 g/t Au over 10.35 m from 217.90 m and 1.50 g/t Au over 5.65 m from 259.00 m (KS25129)
- Approximately 100 m below 1.00 g/t Au over 16.60 m from 99.30 m (KS24076)
- 1.19 g/t Au over 15.00 m from 299.60 m (KS25131)
- Approximately 100 m below 8.08 g/t Au over 6.75 m from 186.95 m (KS24091)
- All holes intersected gold mineralization within wide zones of altered and deformed metavolcanic and metasedimentary lithologies
- 3.72 g/t Au over 10.35 m from 217.90 m and 1.50 g/t Au over 5.65 m from 259.00 m (KS25129)
-
Results pending for over 20 holes, drilling ongoing
- Focus on testing the potential extensions of the mineralized system at Kaaresselkä
Comments
"The first results from the autumn drill program, including 3.72 g/t Au over 10.35 m, extend the gold mineralized system 100 m deeper in the central part of the Vanha prospect (Kaaresselkä area)," commented
Figures related to this news release can be found here:
https://aurionresources.com/site/assets/files/1597/nr25-14figures.pdf
|
Table 1: Vanha Drilling Summary |
||||||||
|
Hole ID |
EOH (m) |
Azimuth |
Dip |
From (m) |
To (m) |
Width (m) |
Au (g/t) |
Target Area / Notes |
|
KS25128 |
281.50 |
180.2 |
-54.7 |
94.40 |
95.70 |
1.30 |
0.20 |
Vanha |
|
and |
|
|
|
202.95 |
204.00 |
1.05 |
0.22 |
|
|
and |
|
|
|
213.20 |
214.65 |
1.45 |
0.33 |
|
|
and |
|
|
|
252.70 |
256.00 |
3.30 |
0.28 |
|
|
KS25129 |
281.50 |
180.1 |
-54.8 |
33.35 |
34.00 |
0.65 |
0.37 |
Vanha |
|
and |
|
|
|
35.50 |
36.95 |
1.15 |
0.20 |
|
|
and |
|
|
|
166.05 |
167.00 |
0.95 |
0.23 |
|
|
and |
|
|
|
175.65 |
177.10 |
1.45 |
0.46 |
|
|
and |
|
|
|
181.45 |
182.70 |
1.25 |
0.31 |
|
|
and |
|
|
|
197.55 |
199.55 |
2.00 |
0.40 |
|
|
and |
|
|
|
217.90 |
228.25 |
10.35 |
3.72 |
|
|
including |
|
|
|
218.95 |
220.00 |
1.05 |
31.20 |
|
|
and |
|
|
|
259.00 |
264.65 |
5.65 |
1.50 |
|
|
including |
|
|
|
259.00 |
260.00 |
1.00 |
7.53 |
|
|
KS25130 |
332.50 |
179.8 |
-54.8 |
85.10 |
87.25 |
2.15 |
0.33 |
Vanha |
|
and |
|
|
|
103.25 |
106.45 |
3.20 |
0.52 |
|
|
and |
|
|
|
256.50 |
261.50 |
5.00 |
0.45 |
|
|
and |
|
|
|
265.50 |
267.50 |
2.00 |
0.41 |
|
|
KS25131 |
338.30 |
180.0 |
-55.1 |
158.95 |
165.00 |
6.05 |
0.52 |
Vanha |
|
and |
|
|
|
299.60 |
314.60 |
15.00 |
1.19 |
|
|
including |
|
|
|
306.30 |
307.80 |
1.50 |
6.04 |
|
|
KS25132 |
160.70 |
180.1 |
-39.7 |
44.00 |
48.35 |
4.35 |
0.79 |
Vanha |
|
including |
|
|
|
47.35 |
48.35 |
1.00 |
2.38 |
|
|
and |
|
|
|
88.00 |
89.90 |
1.90 |
0.93 |
|
|
All widths are core widths. True width is not known at this time. All assay values are uncut. |
|
|||||||
|
NSV = no significant values, EOH = end of hole |
|
|
|
|
|
|||
Kaaresselkä area
Results for five holes, totaling 1,394.50 m, drilled at the Vanha prospect in the Kaaresselkä area located in the southern part of Aurion's 100% owned Risti property (Figures 1-3) are being reported herein (Table 1). The holes targeted interpreted structural features with an aim to identify and/or extend the gold mineralized system. All holes intersected zones of strongly deformed and hydrothermally altered rocks associated with gold mineralization
The recent results are interpreted to extend the mineralized system approximately 100 m below previously intersected mineralization in several profiles. The gold mineralized system at Vanha is interpreted to extend over 1,400 m along strike and to at least 250 m depth. The gold mineralization is open along strike and at depth. The results reported in this press release and the scout drill holes, which intersected gold 1.8 km to the west and 600 m to the east of the Vanha prospect (press release
The Kaaresselkä area is located 15 km east of the recent Vuoma discovery (28.64 g/t Au over 4.90 m) by Aurion-B2Gold JV, along the mainly unexplored, structural corridor that extends over 25 km within Aurion's fully owned Risti property and the JV property with B2Gold.
The gold mineralization at Vanha is mainly hosted by highly deformed and altered (silica, sericite, albite) mafic volcanic and metasedimentary rocks with minor to moderate amounts of fine-grained sulphide minerals including pyrite, pyrrhotite, chalcopyrite, galena, sphalerite and arsenopyrite in varying quantities. The higher-grade intervals are mainly hosted within silicified and brecciated zones with a moderate amount of sulphide minerals. Elevated levels of base metals and platinum-palladium have been encountered in several holes.
The initial mineralogical and metallurgical test work on two samples from the Vanha prospect (Kaaresselkä) demonstrated high recoveries (>93.6%) from bottle roll leaching tests, confirming predominantly free-milling gold and amenability to industry standard processing methods (press release
The geologic setting and the style of mineralization at Kaaresselkä resembles several recent and past discoveries such as Helmi (16 km from the Vanha prospect, Aurion-B2Gold JV) and Ikkari (14 km from the Vanha prospect, Rupert Resources) as well as the past producing Saattopora mine.
Drill hole descriptions
Drill hole KS25128 is located in the central Vanha area, collared 40 m west and north of KS24076, drilled to the south and targeted potential mineralization below hole KS23071 (3.63 g/t Au over 11.35 m from 94.55 m). KS25128 intersected several mineralized intervals including 0.33 g/t Au over 1.45 m from 213.20 m and 0.28 g/t Au over 3.30 m from 252.70 m. Other samples with elevated gold (≥0.1 g/t) were also encountered. Mineralization in KS25128 was intersected approximately 140 m below mineralization in KS23071.
Drill hole KS25129 is located in the central Vanha area, collared 40 m north of KS24076, drilled to the south and targeted potential mineralization below hole KS24076 (1.00 g/t Au over 16.60 m from 99.30 m). KS25129 intersected several mineralized intervals such as 3.72 g/t Au over 10.35 m from 217.90 m including 31.20 g/t Au over 1.05 m from 218.95 m and 1.50 g/t Au over 5.65 m from 259.00 m including 7.53 g/t Au over 1.00 m from 259.00 m. Visible gold grains were observed in several sample intervals. Other samples with elevated gold (≥0.1 g/t) were also encountered. Mineralization in KS25129 was intersected approximately 100 m below mineralization in KS24076.
Drill hole KS25130 is located in the central Vanha area, collared 40 m north of KS24090, drilled to the south and targeted potential mineralization below hole KS24090 (0.32 g/t Au over 5.85 m from 129.75 m). KS25130 intersected several mineralized intervals including 0.52 g/t Au over 3.20 m from 103.25 m and 0.45 g/t Au over 5.00 m from 256.50 m. Other samples with elevated gold (≥0.1 g/t) were also encountered. Mineralization in KS25130 was intersected approximately 100 m below mineralization in KS24090.
Drill hole KS25131 is located in the central Vanha area, collared 40 m north of KS24091, drilled to the south and targeted potential mineralization below KS24091 (8.08 g/t Au over 6.75 m from 186.95 m). KS25131 intersected two mineralized intervals of 0.52 g/t Au over 6.05 m from 158.95 m and 1.19 g/t Au over 15.00 m from 299.60 m including 6.04 g/t Au over 1.50 m from 306.30 m. Other samples with elevated gold (≥0.1 g/t) were also encountered. Mineralization in KS25131 was intersected approximately 100 m below mineralization in KS24091.
Drill hole KS25132 is located in the western Vanha area, collared 40 m east of KS25102, drilled to the south and targeted potential mineralization east of KS25102 (1.33 g/t Au over 9.30 m from 57.15 m). KS25132 intersected two mineralized intervals of 0.79 g/t Au over 4.35 m from 44.00 m and 0.93 g/t Au over 1.90 m from 88.00 m. Other samples with elevated gold (≥0.1 g/t) were also encountered.
Quality Assurance and Quality Control
All drill core samples were delivered to the ALS preparation facility in Sodankylä,
This news release has been reviewed by
About
On behalf of the Board of Directors,
Neither the
SOURCE