Business
Aurwest Resources Provides 2021 Plans for Stellar Copper-Gold Property
Calgary, Alberta--(Newsfile Corp. - March 22, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") is pleased to provide an update on i
About this update from Aurwest Resources Corp.
[{"type":"text","content":" Calgary, Alberta--(Newsfile Corp. - March 22, 2021) - Aurwest Resources Corporation (CSE: AWR) (\"Aurwest\" or the \"Company\") is pleased to provide an update on its Stellar porphyry copper project (23,600 ha) located 25 km southwest of Houston, British Columbia. Historical exploration concentrated in the northeastern portion of the property and outlined two distinct areas of widespread porphyry copper style mineralization (see News release dated July 29, 2020) 2021 Objectives: An independent Technical Report prepared in accordance with National Instrument 43-101 (\"NI43-101) for the property is expected to be completed by the end of March 2021. The 2021 field program is estimated to cost in the order of $400,000 consisting of mapping, sampling, silt sediment sampling and a deep penetrating geophysical survey. The 2021 program will focus on the two porphyry copper targets as well as the strike extension to the north of the M3 Stars copper discovery. Re-processing and modelling of the 2018 airborne magnetic survey are expected to be completed prior to commencing the 2021 field program. Mr. Colin Christensen stated, \"while Aurwest's recent activity has focused primarily on our gold project in Newfoundland, our Stellar porphyry copper gold property in central British Columbia continues to impress us with additional new technical interpretation. The compilation of the historical data combined with re-interpretation of the 2018 airborne magnetic survey using the Huckleberry deposit as an exploration model has significantly increased our understanding of the project potential to host copper-molybdenum porphyry style mineralization. The historical exploration has provided a considerable amount of useful information, indicating widespread copper-molybdenum-gold-silver mineralization that was never incorporated into a working exploration model\". Figure 1: Stellar Project Location Map Figure 2: Steller Project Target Location Map Porphyry Copper Target: Historical sampling has outlined two distinct areas of coincident copper-molybdenum mineralization located within strong positive magnetic signatures. These targets occur over a strike length of approximately 4-5 kms with a 1.5 km long area between the targets of barren rock. The largest mineralized area measures approximately 1.5kms by 1.0 kms hosted in skarnified and hornfelsed volca...