ORIGINAL: Aurelius Intersects High-Grade Gold at Aureus East - Drills 34.1 g/t Au over 0.75m, 23.0 g/t Au over 0.9m, 21.8 g/t Au over 0.6m and 13.6 g/t Au over 1.0m
2021-11-30 06:01 ET - News Release
Highlights
- Holes AE-21-033 and AE-21-037 intersected multiple gold zones
- Both holes were extended and hit gold zones beyond their planned depths
- Continued 100% hit rate success in the Phase 2 program, drilled 30 holes over a total of 12,821 metres ("m")
- Phase 2 drilling at Aureus East is now complete, interpretation of results to be included in upcoming resource statement in Q1 2022
Toronto, Ontario--(Newsfile Corp. - November 30, 2021) - Aurelius Minerals Inc. (TSXV: AUL) (OTCQB: AURQF) (the "Company" or "Aurelius") is pleased to continue to report high-grade results from its flagship Aureus East Gold Project in Nova Scotia, Canada with the release of results from two drill holes. The Company is drilling at the Aureus East Project to define a new gold mineral resource and continue expanding upon the successes of the Phase 1 and initial Phase 2 program results. The holes reported today were from underground Pad 3, focusing on expanding mineralization along strike to the East, and at depth, resulting in continued identification of previously overlooked gold horizons and an expanding limb system and continues to improve confidence in the continuity of mineralization ahead of the expected updated resource estimate.
Aurelius' CEO, Mark Ashcroft said, "We are pleased with today's drill results and the overall success of our campaign to date as we continue to demonstrate the high grade nature and continuity of our flagship Aureus East Gold Project. Our understanding of the geology continues to evolve with every drill hole, as does the potential to significantly increase our highly anticipated updated resource statement. Further results from the lab for another nine drill holes, comprising approximately 2,500m of core assays are expected over the next eight weeks. This will help further delineate the deposit as we work towards our updated resource on Aureus East in Q1 2022."