Aurelian Drills More Gold at Bonza-Penas.TORONTO -- Aurelian Resources Inc. (ARU ARU Australian Rugby Union ARU Anglia Ruskin University (Cambridge and Chelmsford, UK) ARU Audio Response Unit ARU Ardhi University (Tanzania) ARU Aquarium Rescue Unit (band) :TSXV) has received more assay results from the Bonza - Las Penas Prospect, where drilling, trenching and pitting are ongoing and focused on developing a resource estimate on 500 metres of strike length within a minimum 2 km long auriferous au·rif·er·ous adj. Containing gold; gold-bearing. [From Latin aurifer, gold-bearing : aurum, gold + -fer, -fer. zone. This target area represents only a small portion of Aurelian's approximately 95,000 hectare land package of the Condor Project, located in southeastern Ecuador. Results have been returned for six holes, CP-04-09 through CP-04-14, of the current drill campaign and for additional sampling of CP-04-03. The results are summarized in the table below:
---------------------------------------------------------------------
Hole From To Interval Gold Silver
(metres) (metres) (metres) g/t g/t
---------------------------------------------------------------------
CP-04-03(a) 14.00 124.00 110.00 2.23 12.00
---------------------------------------------------------------------
CP-04-09 97.50 230.65 133.15 1.24 5.60
---------------------------------------------------------------------
Including 196.00 210.15 14.15 4.59 9.49
---------------------------------------------------------------------
CP-04-10 158.00 216.00 58.00 0.77 4.81
---------------------------------------------------------------------
CP-04-11 27.10 31.65 4.55 2.28 23.91
---------------------------------------------------------------------
CP-04-12 No Significant Assays
---------------------------------------------------------------------
CP-04-13 80.40 94.00 13.60 0.69 4.64
---------------------------------------------------------------------
CP-04-13 104.00 155.60 51.36 2.59 9.96
---------------------------------------------------------------------
CP-04-14 156.55 219.05 62.50 1.29 13.99
---------------------------------------------------------------------
(a) revised interval width Drilling was designed to test the zone on 50-metre spaced fences and to define the limits of the mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. . To better evaluate the entire package 2 drill holes were oriented to test the outer edges of the mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. envelope. Drill hole CP-04-11 was designed to drill eastwards into the footwall foot·wall n. Geology 1. The mass of rock underlying a mineral deposit in a mine. 2. The underlying block of a fault having an inclined fault plane. and outside the main mineralized zone. Drill hole CP-04-12 tested an area of the hangingwall. CP-04-14 was abandoned in mineralization due to poor ground conditions; the full width of the interval is not reflected in the drilling. The interval width and grade of CP-04-03 have been revised to reflect subsequent logging and assaying of the previously untested top 10 metres of the hole. Plans of the current drilling program can be viewed at www.aurelian.ca under "Properties". Hole CP-04-19 is currently in progress. A minimum of two more holes are planned at this time for the Bonza-Penas zone, after which the drill will be moved to the Puente zone, approximately 7.5 kilometres to the southwest. Results from holes CP-04-15 through CP-04-21 will be released together when the assays have been returned and compiled. Samples were analyzed for gold by fire assay with instrumental ICP-MS ICP-MS Inductively Coupled Plasma Mass Spectroscopy finish (50 g charge), and for silver by aqua regia aqua regia (äk`wə rē`jēə) [Lat.,=royal water], corrosive, fuming yellow liquid prepared by mixing one volume of concentrated nitric acid with three to four volumes of concentrated hydrochloric acid. digestion with AAS finish. Overlimit samples greater than 10 ppm gold were repeated using fire assay with gravimetric gravimetric /grav·i·met·ric/ (grav?i-me´trik) pertaining to measurement by weight; performed by weight, as a gravimetric method of drug assay. grav·i·met·ric adj. 1. finish. Analyses were performed at ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex Laboratories Ltd. in Vancouver, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography . Dale Shultz, B.Sc., M.Sc., P. Geo. (Man. & Sask.), is acting as Qualified Person in compliance with National Instrument 43-101 with respect to this release. He has reviewed the contents for accuracy. Work is at a preliminary stage and to date there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource on the property. AURELIAN RESOURCES INC. The Exchange Tower, Suite 3680, 130 King St. W. Toronto, Ontario M5X 1B1 THE TSX VENTURE EXCHANGE TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion