Aurora Commences Drilling on Lansdowne PGM Project Ontario.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 13, 2003 Aurora Platinum Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ARP) reported today that the 2003 winter drill program on the Company's Lansdowne House Lansdowne House is a building to the south west of Berkeley Square in central London. It was designed by Robert Adam as a private house and for most of its time as a residence it belonged to the Petty family, Marquesses of Lansdowne. platinum-palladium-nickel project located 180 kilometers north-northwest of Thunder Bay Thunder Bay, city (1991 pop. 113,946), SW Ont., Canada, on Thunder Bay inlet of Lake Superior. The city was created in 1970 by the amalgamation of the twin cities of Fort William and Port Arthur and two adjoining townships. , Ontario, has been initiated. A 3,000 metre drilling program will test the platinum-palladium rich reef discovered last year by the Company. The PGM PGM Program PGM Pragmatic General Multicast PGM Phosphoglucomutase PgM Program Manager PGM Platinum Group Metal PGM Pagemaker (software) PGM Portable Gray Map PGM Precision Guided Munition reef-style 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. is associated with a distinct layered coarse-grained plagioclose-rich cumulate phase of the Landsdowne Layered Complex located near the ultramafic ul·tra·maf·ic adj. Ultrabasic. ultramafic Containing mainly mafic minerals. Used of igneous rocks and often used interchangeably with ultrabasic. Dunite is an ultramafic rock. interface. The style and stratigraphic stra·tig·ra·phy n. The study of rock strata, especially the distribution, deposition, and age of sedimentary rocks. strat position of the Lansdowne mineralization is very similar to the world class JM Reef PGM deposits of the Stillwater Layered Complex in Montana. Previous drilling by the Company intersected 13.5 metres of 1.4 grams/tonne platinum and palladium from 121.5 metres to 135 metres, including 3.2 grams/tonne platinum and palladium from 132.0 metres to 133.5 metres in hole LH-01-20. The PGM reef forms a distinctive magmatic layer within the 20 kilometre long by 10 kilometre wide Complex. Airborne electromagnetic surveys and just completed detailed ground geophysical surveys have traced the reef horizon for approximately five kilometres along the southeast part of the Complex. The current drilling is focused on delineating the LH-01-20 reef and at least 10 holes will test this target. The last drill program carried out by the Company has confirmed the layered nature of the Complex and the potential to discover this same PGM rich reef elsewhere within the Property is considered to be high. Gold mineralization is also present on the Landsdowne House Property and has been discovered in outcrop and in drill core at four locations along a six kilometre long structural corridor. Shear-hosted gold mineralization within this corridor is characterized by banded quartz-ankerite-sulphide veins and stockworks, strong potassic alteration and deformation. Sulphide rich vein samples assayed from 0.29 grams/tonne gold to 23.78 grams/tonne gold. Past drilling by the Company intersected gold and gold-copper mineralization within the gold corridor near the west end of the Lansdowne Property and returned grades of up to 2.2 grams/tonne gold over 3.0 metres. Surface showings in this same area returned assay values of 9.3 grams/tonne gold and 8.52 grams/tonne gold from sulphide-rich quartz vein material. Detailed ground geophysics along the gold corridor has been completed and the gold zone will be drill tested in the current program. Quality Control Aurora has implemented a quality control program to ensure best practice in the sampling and analysis of the drill core. Half of the drill core is sampled for analysis and the remaining half of the core is stored in a secure location. The drill core is transported in security-sealed bags for preparation 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 in Thunder Bay, Ontario and pulps are shipped for analysis at the ALS Chemex laboratory in Vancouver, BC. This ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 registered laboratory is preparing for ISO 17025 certification. Gold, platinum and palladium are analyzed by fire assay with an ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. finish. Silver, copper, lead, zinc, nickel and cobalt are digested in a partial extraction and analyzed by atomic absorption. Aurora Platinum Corp. is a well-financed company actively exploring for nickel-copper-platinum-palladium deposits in Ontario and Quebec. The Company has an option/joint venture with Falconbridge Limited in the Sudbury District and an option/joint venture with Inco Limited covering a large area in Northern Ontario. Aurora is also aggressively exploring its 100%-owned Lansdowne Property in Northwestern Ontario. Some of the statements contained in this News Release contain forward-looking information, which involves inherent risk and uncertainty affecting the business of the Company. Actual results may differ materially from those currently anticipated in such statements. 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. |
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