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Aurion Reports Two New High Grade Gold Discoveries and Provides Update on 2018 Field Exploration Program
Aurion Reports Two New High Grade Gold Discoveries and Provides Update on 2018 Field Explo...
About this update from Aurion Resources Ltd.
[{"type":"text","content":"\n\n\n\nAurion Reports Two New High Grade Gold Discoveries and Provides Update on 2018 Field Exploration Program\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSt. JOHN'S, NL, June 21, 2018\n\n\n\nTSX-V: AU\n\n\n\n\n\nSt. JOHN'S, NL, June 21, 2018 /CNW/ - Aurion Resources Ltd. (TSXV: AU) (\"Aurion\" or the \"Company\") is pleased to report that field exploration programs are underway on Aurion's project areas in the Central Lapland Greenstone Belt (CLGB) of Northern Finland. The primary focus is to locate the source or sources of the extensive high-grade surface mineralization discovered during the 2016/17 field seasons at the Aamurusko prospect within the 15,000 hectare Risti Project. The 2018 budget is approximately CAN$8-million, which will include quaternary glacial geomorphology studies, trenching, prospecting, detailed structural geological mapping, geochemical sampling, drone geophysics, drone aerial photography and a 15,000 metre (m) diamond drilling program.\n\nNew Discoveries\n\nTwo significant new high grade gold prospects located North and Northwest of the Aamurusko boulder fields have recently been discovered, identifying one potential source of the high grade boulders at Aamurusko and expanding the company's understanding of the structural controls within the system.\n\nThe A2 Prospect is located approximately 850 m to 1,500 m to the north of the Aamurusko boulder field.  A total of 53 rock chip samples in outcrop, subcrop and angular boulders from reconnaissance prospecting, assaying between nil and 322.7 g/t Au and averaging 18.6 g/t Au were collected over a distance of 1.1 km along an arcuate structure.  Mineralization consists of quartz veins (locally up to 3 m wide), quartz stockworks, breccias and sediment hosted disseminated mineralization.  Additional assays are pending.  See Figures 1, 2 and 3.\n\nIt is believed that this mineralized structure is not a source of the high grade boulders at Aamurusko.  Phase 2 drilling will test this target.\n\nThe Aamurusko NW Prospect is located approximately 400 m ...