Business
Aurwest Resources Initiates Exploration Program on Stellar Porphyry Copper-Gold Property
Calgary, Alberta--(Newsfile Corp. - July 13, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") is pleased to announce the commenceme
About this update from Aurwest Resources Corp.
[{"type":"text","content":" Calgary, Alberta--(Newsfile Corp. - July 13, 2021) - Aurwest Resources Corporation (CSE: AWR) (\"Aurwest\" or the \"Company\") is pleased to announce the commencement of its 2021 exploration program on its Stellar porphyry copper/gold project (22,342 ha), located approximately 25 km southwest of Houston, British Columbia. 2021 Exploration Program Objectives: The 2021 field program is budgeted at $600,000 consisting of mapping, sampling, stream sediment sampling and a deep penetrating Induced Polarization geophysical survey. The program consists of a regional evaluation of the western portion of the project which is essentially unexplored and detailed exploration of the two porphyry targets. The focus of the program is two porphyry copper targets, which contingent on results of the Induced Polarization survey could identify potential drilling targets. It is expected that at the end of the 2021 program an updated independent Technical Report will be prepared in accordance with National Instrument 43-101 (\"NI43-101) for the property. Mr. Colin Christensen stated, \"While Aurwest's primary focus is its gold projects in Newfoundland, the widespread copper-molybdenum-gold-silver mineralization, intrusive activity and alteration reported in the historical data provides several compelling reasons to complete a systematic exploration program on the Stellar property. The historical exploration indicates the mineralogy, styles of mineralization, alteration and intrusive activity over large areas indicative of a porphyry system, yet the data appears never to have been incorporated into a porphyry exploration model.\" Figure 1: Stellar Project Location Map Figure 2: Steller Project Target Location Map Porphyry Copper Target: A summary of the historical rock sampling and exploration data was set out in a news release dated March 22, 2021. The 2021 program will focus on a five km long area located in the northeast portion of the project that hosts two porphyry copper targets. Detailed mapping of the lithologies, mineralogy, style of mineralization, associated alteration patterns and extent of the copper mineralization will be completed and incorporated into Aurwest's exploration model. This work will be followed by a 25km, Induced Polarization (chargeability/resistivity) survey to map the chargeability and resistivity signature of the five k...