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First Results From Autumn Drill Program At Kaaresselkä
ST. JOHN’S, NL – Aurion Resources Ltd. reported on five holes drilled at the Kaaresselkä area of the wholly owned Risti property, located in the Central Lapland Greenstone Belt in northern Finland. The program provided 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, and results pending for over 20 holes, drilling ongoing. The focus is on testing the potential extensions of the mineralized system at Kaaresselkä.
”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),” said Matti Talikka, CEO. “Aurion is looking forward to providing further updates following the receipt of the pending results for over 20 holes from the ongoing drill program at the Risti property focusing on the 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 Risti property are being reported. 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 and the scout drill holes, which intersected gold 1.8 km to the west and 600 m to the east of the Vanha prospect, highlight the potential for an extensive gold mineralized system in the Kaaresselkä area.
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.
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