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Newsfile Corp This document corrects and replaces in its entirety the press release that was issued by Aurelius on Minerals Inc today, April 28, 2022 at 6:00AM ET. An omitted table has been added. No other changes were made. The replaced press release follows in full below: Highlights - Significant gold mineralization identified in each of the three areas of channel sampling - Demonstrates continuity of grade through the systematic sampling of the existing underground development - Level 944 demonstrates substantial amounts of gold were left in the floor and walls of the development. - Highlighted samples from the 944 level include
? Channel 944L-023, grading 168.0 g/t Au over 1.5m, ? Including 501.0 g/t Au over 0.5m; ? Channel 944L-002, grading 39.1 g/t Au over 1.55m, ? Including 90.1 g/t Au over 0.65m; ? Channel 944L-013, grading 6.33g/t Au over 2.2m, ? Including 20.0 g/t Au over 0.6m; ? Channel 944L-014, grading 11.9 g/t Au over 1.8m, ? Including 37.5 g/t Au over 0.55m; ? Channel 944L-015, grading 21.7 g/t over 1.25m, ? Including 48.1 g/t Au over 0.55m; ? Channel 944L-016, grading 27.5 g/t Au over 1.6m, ? Including 77.0 g/t Au over 0.55m; and ? Channel 944L-017, grading 32.9 g/t over 2.0m, ? Including 121.0 g/t Au over 0.5m. - Sampling program confirms presence of high-grade gold occurring at the contact between the quartz vein and sediment host rock interface, confirming there is significant potential to grow mineralization. Toronto, Ontario--(Newsfile Corp. - April 28, 2022) - Aurelius Minerals Inc. (TSXV: AUL) (OTCQB: AURQF) (the "Company" or "Aurelius") is pleased to report results from its underground channel sampling program at its flagship Aureus East Project in Nova Scotia, Canada. Channel sampling programs have now been completed in three underground areas, with results justifying a continued channel sampling program throughout the existing underground development and infrastructure. The current sampling program supplements the ongoing mineral resource estimate work and enhances the expanding interpretation of the project's geology. An updated mineral resource estimate is expected in the coming weeks. Aurelius Minerals CEO, Mark Ashcroft said, "The continuity we encountered in the channel sampling program provides us with confidence as we build our resource from the inside out, by accessing our existing underground development, which follows the gold zones down to a depth of 160 meters below surface. The first two phases of drilling in 2020 and 2021 established that the gold mineralization continues to at least 900 meters below surface and historical work has traced the mineralization over a strike length of 1600 meters. These channel sampling programs have been designed to quantify the amount of gold mineralization located surrounding the underground development and to assist in the mineral resource estimates of zones down dip and along strike. It confirms our interpretation that high-grade gold often occurs in the lower area of the zone and this opens important growth potential. The gold is not only found in the multiple stacked and folded quartz veins but also in the surrounding wall rock and this significantly increases the volume of potentially mineralized rock at the project. This is key strategic work at the project while our updated resource estimate is being finalized, and the results seen to date are significantly increasing our confidence in the interpretation and continuity of the mineralization. Due to COVID-19 related delays, we now anticipate receiving the resource estimate from Nordmin Engineering in May." "We are approaching an exciting milestone for the Aureus East project in establishing the mineral resources for the abundant gold mineralization intersected in our first two phases of drilling. Our goal, when we started our exploration at the project, was to identify areas of significant growth potential for gold mineralization. Having achieved expansion of the gold system in all directions and identifying mineralization in the wall rock between the gold zones, we are very happy with how the project is advancing," said Jeremy Niemi, Vice President, Exploration. Aurelius Exploration Strategy and Progress to Date Aurelius completed 21,700m of diamond drilling at the Aureus East project in the Phase 1 and 2 programs. A combination of 21 holes drilled from underground and 30 holes, including 2 wedged holes, from surface have resulted in a near doubling of the drilling database. Aurelius also sampled considerable historical core and employed a thorough sampling protocol to capture all gold mineralization in holes drilled. This database supports the geological model which defines the mineral resources being estimated at the project. Channel Sampling Results - Significant gold mineralization identified in each of the three areas of channel sampling - 944 level demonstrates substantial gold was left in the ground in the floor and walls of the development. - 11 of 23 channels have samples grading over 30 g/t gold
- 16 of 23 channels have samples grading over 15 g/t gold
- Sampling covered approximately 46m of strike length of the zone.
? 0.5m grading 501 g/t Au in channel 944L-023 ? 0.5m grading 121 g/t Au in channel 944L-017 ? 0.65m grading 90.1 g/t Au in channel 944L-002 ? 0.5m grading 78.0 g/t Au in channel 944L-021 - Based on the positive results, the program has been expanded to include an additional 13 channels and 26m of strike length
Exploration Philosophy The Aurelius exploration approach involves stepping back and taking a wider view of opportunities to discover new gold mineralization. Part of that is considering potentially overlooked gold in existing drilling. In recent years, exploration for gold in the Meguma district has expanded from the traditional high-grade gold in quartz veins into the wall rock surrounding the veins. This approach has proven successful at identifying overlooked gold mineralization at all four of the projects in the Meguma district. Specifically, Figure 1 shows a series of channel samples on level 944, which demonstrated strong continuity of significant gold intercepts that were not taken into account in the mineral resource estimate to date. The continuity of the results along strike has the potential to expand the resource in the future. Figure 2 displays the multiple areas where the channel sampling program will be applied to in order to improve the understanding of the gold grade continuity. Figure 3 shows a photo of a series of underground channel samples within existing development on the 944 level. This sequence of channel samples highlights the continuity of high-grade gold mineralization left in the underground development. Next Steps Building on the positive results seen to date, the channel sampling program will be expanded to other areas and will continue to build a database that supports the gold mineral resources at the project. Similar to Aureus East, an expanded campaign of sampling, relogging and potentially re-interpreting the historical core is also underway at Forest Hill and Tangier projects. 
Figure 1. Section showing 944 Level Channel sampling program
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Figure 2. Long section showing locations of channel sampling programs To view an enhanced version of this graphic, please visit:
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Figure 3. Photo of underground channel sampling program on 944L looking to the west. To view an enhanced version of this graphic, please visit: |