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Aurion Resources Commences Drilling at Aamurusko Prospect; Identifies New Gold Zones
ST. JOHN’S, Newfoundland, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Aurion Resources Ltd. (“Aurion”) (TSX VENTURE:AU) is pleased to report that drilling has begun at t
About this update from Aurion Resources Ltd.
[{"type":"text","content":"ST. JOHN’S, Newfoundland, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Aurion Resources Ltd. (“Aurion”) (TSX VENTURE:AU) is pleased to report that drilling has begun at the Aamurusko prospect on its 100% owned Risti Project in Northern Finland. A total of 21 diamond drillholes are proposed over a distance of approximately 1.1 km along a Northeast-Southwest trending 1.0 km wide corridor. Within this corridor a total of 717 quartz vein blocks have assayed from nil to 2520 grams per tonne (g/t) Au and average 32.97 g/t Au with 102 assaying >31 g/t Au (one ounce per tonne – “Opt”). Aurion has also made several new high grade gold discoveries along regional unconformities southwest, northwest and east of Aamurusko. Further details are provided below. Highlights: 21 diamond drillholes (3400 metres) are proposed over 1.1 km strike length 717 quartz blocks average 32.97 g/t Au within core 1.4 by 1.0 km trend 102 (14%) quartz blocks assayed greater than 1 ounce per tonne (opt) Au Channel sampling of quartz blocks assayed as high as 43.3 g/t Au over 1.65 m 2232 rock samples across Risti Project average 11.8 g/t Au. Multiple new high grade gold discoveries regionally Aamurusko Aurion has received assays for 717 rock samples of predominantly large and angular quartz (+/- tourmaline +/- Fe-Oxide) blocks within the core of the Aamurusko mineralized corridor comprising an area measuring 1.4 km long by 1.0 km wide. These samples assayed from nil to 2520 g/t (81.4 opt) with 102 assaying greater than 31 g/t Au (1 opt), Many of these quartz blocks contain abundant coarse visible gold, range in size from 0.1 to 32 m3 and average 0.35 m3. The distribution of the results of all 717 samples is presented in the following table. Number of samples Au Grade (g/t) Percentage of 717 total samples 329 >0.1 46% 248 >0.5 35% 216 >1.0 30% 163 >5.0 23% 133 >10.0 19% 102 >31.0 14% The underlying quartz veins are hosted by clastic rocks of the Kumpu Group (including quartzites and polymictic conglomerates) and mafic volcanics of the Sodankyla Group. The Kumpu Group polymictic conglomerates are unconformably in contact with the Sodankyla Group mafic volcanics. This contact is interpreted to be a major regional structure/fluid conduit and is the primary target unconformity. Channel Sampling A total of 32 i...