Business
InvestmentPitch Media Video Discusses Aura Resources Plans to Drill Newly Discovered Base/Precious Metals Target in Nunavut - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2019) - Aura Resources (TSXV: AUU) annou...
About this update from West Point Gold Corp.
[{"type":"text","content":"InvestmentPitch Media Video Discusses Aura Resources Plans to Drill Newly Discovered Base/Precious Metals Target in Nunavut - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - May 1, 2019) - Aura Resources (TSXV: AUU) announced plans to drill a newly discovered base and precious metal target on the Greyhound project, with drilling planned to start in early May. The Greyhound project, located 40 kilometers north of the community of Baker Lake, Nunavut and about 32 kilometers south of Agnico Eagle Mines' producing Meadowbank gold mine, is a partnership with Agnico Eagle Mines, the project operator.For more information, please view the InvestmentPitch Media \"video\" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Aura\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/0_5vxe21qq/Aura-Resources-plans-to-drill-a-newly-discovered-base-and-precious-metal-target-on-the-Greyhound-projectAn all-weather road to the Meadowbank Mine from Baker Lake crosses the Greyhound property making exploration relatively inexpensive compared to other areas in the high arctic.The proposed drill holes GHD19-B and GHD19-C, subject to final positioning, will target conductive zones identified by the induced polarization geophysical survey conducted in 2018 and are further supported by a review of data from a horizontal loop geophysical survey conducted by Aura in 2011 located just to the north. Data from Drill Hole G-11-31, drilled by Aura in 2011, revealed anomalous metal values for zinc (96-683 ppm, avg. 364 ppm) and copper (84-555 ppm, avg. 286 ppm). This hole appears to have been drilled in the conductor's footwall and slightly to the northeast of this potential VMS horizon identified in the 2018 IP survey. These prior drill results indicate that anomalous base metal is present, adding to the importance of drilling the stronger IP anomalies to the southwest. The distinct electromagnetic anomalies detected in the 2011 survey beneath the small lake to the north are also indicative of significant northward lateral continuation of the possible precious and base metal zone.Robert Johansing, President and CEO, stated: \"The new IP geophysical data, in conjunction with the historical E...