- 20 high priority targets identified
- Aamurusko Trend – Gold intersected 1,500 m west from Aamurusko Main
- Aamurusko – Gabbro hosted gold mineralization
- Notches – Several gold bearing structures
intersected
- Kaares – Gold and PGE mineralization intersected in new
target areas
ST.
JOHN'S, NL, Nov. 28,
2022 /CNW/ - Aurion Resources Ltd. (TSXV: AU)
(OTCQX: AIRRF) ("Aurion" or the "Company") announces an
update on exploration activities at its wholly owned Risti property
located in the Central Lapland Greenstone Belt in northern
Finland.
Summary
- 20 high priority targets identified
-
- Ongoing geophysical and geochemical surveys are generating
large number of targets
- Scout drilling program ongoing to test selected targets
- Aamurusko Trend – Gold intersected 1,500 m west from Aamurusko Main
-
- 2.17 g/t Au over 2.90 m from
152.35 m (AM22215)
- Aamurusko – Gabbro hosted gold mineralization
-
- Further gold bearing structural zones intersected in gabbro
proximal to a domain boundary
- 1.74 g/t Au over 2.85 m from
259.45, 5.57 g/t Au over 1.00 m from
281.85, 1.27 g/t Au over 2.50 m from
305.50 m, and 1.26 g/t Au over
2.05 m from 394.35 (AM22210)
- 0.25 g/t Au over 49.60 m from
278.40 m (AM22212)
- Potential to host gold mineralization of scale in mafic and/or
sedimentary rocks
- Notches – Several gold bearing structures
intersected
-
- 7.03 g/t Au over 0.90 m from
50.25 m, 1.19 g/t Au over
0.87 m from 59.63 m, and 1.41 g/t Au over 1.35 m from 62.15 m
(AM21205)
- 5.38 g/t Au over 1.15 m from
46.40 m and 1.03 g/t Au over
1.35 m from 68.10 m (AM22209)
- 2.27 g/t Au over 1.00 m from
54.15 m (AM22206)
- Kaares – Gold and PGE mineralization intersected
-
- Identification of multiple gold bearing deformation zones
-
- 3.07 g/t Au over 1.00 m from
34.90 m (KS22016)
- 1.66 g/t Au over 1.22 m from
41.00 m (KS22017)
- Several anomalous zones in highly deformed and altered mafic
volcanic rocks
- Platinum (Pt) and palladium (Pd) mineralization intersected in
gabbro
-
- 0.30 g/t Pt+Pd over 43.10 m from
74.50 m (KS22015)
- 1.43 g/t Pd, 0.51% Cu over 0.85 m
from 71.80 m (KS21014)
- Kaares area located along major structural zone that extends 15
km within the Risti property
Comments
"Our ongoing program at Risti has high ambitions; to make new
discoveries and to make meaningful increases in the scale of our
existing discoveries. The exploration success at Ikkari (4mm oz),
by our neighbour Rupert Resources, has moved the focus of our
efforts away from our outcropping discoveries hosted in clastic
sediments and towards the large areas of mafic/ultra-mafic rock
that lie under cover across Risti" commented Matti Talikka, Aurion's CEO. "The recently
commenced scout drill program has identified gold mineralization in
all selected target areas tested to date. Gold intercepts 1.5 km
west of Aamurusko and at Aamurusko gabbro target expand the
mineralized footprint along the Aamurusko trend. At the Kaares
area, 4 km to the south of Aamurusko, drilling encountered wide
zones of strongly deformed and altered mafic to ultramafic volcanic
rocks with elevated gold resembling Helmi-Ikkari style of gold
mineralization. In addition, a wider interval of PGE mineralization
was intersected south of the Kaaresselkä gold prospects further
supporting the prospectivity of the untested major structure that
extends for 15 km along the southern part of the Risti
property."
See
https://aurionresources.com/site/assets/files/1463/nr22-16figures.pdf
for figures associated with this release.
Aamurusko 2022
Drilling Result Summary
|
Hole
ID
|
Azimuth
|
Dip
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
Target
Area
|
Comments
|
AM22210
|
318.1
|
-50.0
|
40.20
|
40.40
|
0.20
|
1.00
|
Gabbro, Main
|
|
and
|
|
|
192.20
|
193.75
|
1.55
|
0.95
|
|
|
and
|
|
|
259.45
|
262.30
|
2.85
|
1.74
|
|
|
and
|
|
|
281.85
|
282.85
|
1.00
|
5.57
|
|
|
and
|
|
|
305.50
|
308.00
|
2.50
|
1.27
|
|
|
and
|
|
|
394.35
|
396.40
|
2.05
|
1.26
|
|
|
and
|
|
|
483.20
|
484.40
|
1.20
|
0.68
|
|
|
and
|
|
|
500.85
|
501.90
|
1.05
|
0.43
|
|
|
AM22211
|
320.1
|
-50.0
|
227.90
|
230.30
|
2.40
|
0.70
|
Gabbro, Main
|
|
and
|
|
|
290.00
|
291.00
|
1.00
|
0.58
|
|
|
and
|
|
|
323.40
|
324.35
|
0.95
|
0.45
|
|
|
and
|
|
|
343.60
|
344.70
|
1.10
|
2.35
|
|
|
AM22212
|
145.8
|
-39.9
|
278.40
|
328.00
|
49.60
|
0.25
|
Gabbro, NW
|
|
including
|
|
|
279.80
|
281.10
|
1.30
|
1.78
|
|
|
including
|
|
|
313.20
|
317.30
|
4.10
|
0.78
|
|
|
including
|
|
|
323.75
|
324.75
|
1.00
|
1.07
|
|
|
AM22213
|
190.9
|
-55.3
|
76.70
|
80.00
|
3.30
|
1.20
|
Gabbro, NW
|
|
and
|
|
|
148.15
|
171.24
|
23.09
|
0.17
|
|
|
including
|
|
|
160.50
|
161.33
|
0.83
|
1.11
|
|
|
and
|
|
|
220.10
|
221.18
|
1.08
|
0.98
|
|
|
|
|
|
|
|
|
|
|
|
Aamurusko Trend 2022
Scout Drilling Result Summary
|
Hole
ID
|
Azimuth
|
Dip
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
Target
Area
|
Comments
|
AM22214
|
162.2
|
-38.8
|
|
|
|
NSV
|
Aamurusko
West
|
|
AM22215
|
163.0
|
-38.4
|
152.35
|
155.25
|
2.90
|
2.17
|
Aamurusko
West
|
|
AM22216
|
164.0
|
-39.6
|
|
|
|
NSV
|
Aamurusko
West
|
|
AM22217
|
164.5
|
-38.1
|
93.20
|
94.45
|
1.25
|
0.60
|
Aamurusko
West
|
|
AM22218
|
177.5
|
-39.1
|
|
|
|
NSV
|
Aamurusko
West
|
|
AM22219
|
180.1
|
-39.3
|
|
|
|
NSV
|
Aamurusko
West
|
|
AM22220
|
178.3
|
-39.4
|
|
|
|
NSV
|
Aamurusko
West
|
|
AM22221
|
177.2
|
-40.0
|
|
|
|
NSV
|
Aamurusko
West
|
hole
abandoned
|
AM22222
|
178.6
|
-39.3
|
|
|
|
NSV
|
Aamurusko
West
|
|
|
|
|
|
|
|
|
|
|
Notches 2022 Scout
Drilling Result Summary
|
Hole
ID
|
Azimuth
|
Dip
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
Target
Area
|
Comments
|
AM21205*
|
163.6
|
-40.2
|
46.00
|
47.00
|
1.00
|
0.37
|
Notches
|
|
and
|
|
|
50.25
|
51.15
|
0.90
|
7.03
|
|
|
and
|
|
|
59.63
|
60.50
|
0.87
|
1.19
|
|
|
and
|
|
|
62.15
|
63.50
|
1.35
|
1.41
|
|
|
AM22206
|
158.1
|
-45.6
|
54.15
|
55.15
|
1.00
|
2.27
|
Notches
|
|
AM22207
|
160.7
|
-45.2
|
14.05
|
17.05
|
3.00
|
0.47
|
Notches
|
|
and
|
|
|
36.75
|
38.50
|
1.75
|
0.62
|
|
|
AM22208
|
164.4
|
-46.8
|
52.40
|
53.10
|
0.70
|
1.02
|
Notches
|
|
AM22209
|
140.1
|
-38.8
|
46.40
|
47.55
|
1.15
|
5.38
|
Notches
|
|
and
|
|
|
68.10
|
69.45
|
1.35
|
1.03
|
|
|
|
|
|
|
|
|
|
|
|
Kaares Area 2022
Scout Drilling Result Summary
|
Hole
ID
|
Azimuth
|
Dip
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
Target
Area
|
Comments
|
KS21014*
|
178.2
|
-44.9
|
71.80
|
72.65
|
0.85
|
NSV
|
Kaares
|
1.43 g/t Pd + 0.51%
Cu
|
KS22015
|
87.1
|
-45.0
|
74.50
|
117.60
|
43.10
|
NSV
|
Kaares
|
0.22 g/t Pt + 0.08 g/t
Pd
|
KS22016
|
269.0
|
-45.1
|
34.90
|
35.90
|
1.00
|
3.07
|
Kaares
|
|
KS22017
|
91.0
|
-39.8
|
41.00
|
42.22
|
1.22
|
1.66
|
Kaares
|
|
KS22018
|
224.0
|
-38.6
|
|
|
|
NSV
|
Kaares
|
|
KS22019
|
225.5
|
-39.0
|
|
|
|
NSV
|
Kaares
|
|
KS22020
|
223.8
|
-38.9
|
|
|
|
NSV
|
Kaares
|
|
All widths are core
widths. True width is not known at this time. All assay
values are uncut.
|
|
(*) reported in 2021 Q4
MDA
|
|
|
|
|
|
|
Regional programs have generated
20 high priority targets
The vast majority of the Risti property is covered by glacial
till. Such areas are not amenable to prospecting and surface
mapping that has led to multiple discoveries, including the
Aamurusko high-grade discovery. Base of till (BoT) sampling
combined with geophysical surveys have been key exploration methods
behind most gold and base metal discoveries within the Central
Lapland Greenstone Belt, including Agnico Eagle's Kittilä Mine,
Ikkari by Rupert Resources and Sakatti by Anglo American.
The ongoing geophysical and geochemical surveys within the Risti
property continue to generate numerous targets that warrant follow
up work. A total of 4,134 base of till samples have been taken
since late 2020 with a focus on the unexplored mafic-ultramafic
domains and areas within proximity to interpreted structural
features.
The surveys have generated 20 high priority targets where gold
and/or pathfinder element anomalies co-exist with interpreted
structural features (Figure 1). The ongoing scout drilling program
is testing selected high priority targets.
Gold mineralization was intersected in 17 out of 23 holes and in
all target areas tested to date (Figure 2). In addition, PGE
mineralization was identified in a previously untested area.
The scout drilling program is planned to continue until mid
December and will be testing further high priority targets.
Aamurusko Trend
Seven scout drill holes, totalling 1,182.00 m, were completed along the Aamurusko
Trend (Figure 2). This area, located 1-2 km west of Aamurusko Main,
is interpreted to be the continuation of the domain boundary
hosting the Aamurusko Main gold mineralization. These holes were
targeting various geophysical and geochemical features along the
trend. Holes AM22215, AM22216 and AM22217 were drilled along the
same profile approximately 1.5 km west of Aamurusko Main. Holes
AM22215 and AM22217 intersected 2.17 g/t Au over 2.90 m from 152.35
m and 0.60 g/t Au over 1.25 m
from 93.20 m, respectively. This
mineralization is hosted by siliciclastic sediments proximal to the
domain boundary. Holes AM22218, AM22219 and AM22220 were drilled
along the same profile approximately 2 km west of Aamurusko Main.
Holes AM22218 and AM22219 intersected anomalous (>0.1 g/t Au)
values up to 0.24 g/t Au. This mineralization is also hosted by
siliciclastic sediments proximal to the domain boundary.
Two scout drill holes, totalling 200.60
m, located 2 km west-northwest of Aamurusko Main, were
drilled to test a BoT anomaly. Hole AM22221 was abandoned and
re-collared as AM22222, which intersected 0.11 g/t Au over
0.85 m from 57.15 m within siliciclastic sediments.
The gold intercepts in these widely spaced scout holes confirm
that the interpreted domain boundary, that remains mainly untested
for 5 km to the west from Aamurusko Main, is prospective for the
existence of gold mineralization.
Aamurusko
In the Aamurusko Main and Aamurusko NW areas, four drill holes
were completed for a total of 1,781.40
m. The holes were planned to test for mineralization within
the gabbro units adjacent to the domain boundary (Figure 3). All
four holes successfully intersected gold bearing structural zones
within gabbro and sediments proximal to a domain boundary. At
Aamurusko Main, hole AM22210 intersected multiple mineralized
intervals including 1.74 g/t Au over 2.85
m from 259.45 m, 5.57 g/t Au
over 1.00 m from 281.85 m, 1.27 g/t Au over 2.50 m from 305.50
m and 1.26 g/t Au over 2.05 m
from 394.35 m. At Aamurusko NW, hole
AM22212 intersected 0.25 g/t Au over 49.60
m from 278.40 m. These
intersections provide further indications of the potential to host
gold mineralization of scale in mafic and/or sedimentary rocks.
Notches
A total of five drill holes, totalling 434.70 m, were completed in the Notches area
(Figure 2). These holes were targeting a mineralized conglomerate
unit exposed in Aurion trench NOT1817. All five holes intersected
gold mineralized intervals within the conglomerate unit over a
strike length of 150 m.
Mineralization was also intersected in the host sandstone unit.
Mineralized intersections include: 7.03 g/t Au over 0.90 m from 50.25
m, 1.19 g/t Au over 0.87 m
from 59.63 m and 1.41 g/t Au over
1.35 m from 62.15 m in hole AM21205; 5.38 g/t Au over
1.15 m from 46.40 m and 1.03 g/t Au over 1.35 m from 68.10 m
in hole AM22209; 2.27 g/t Au over 1.00
m from 54.15 m in hole
AM22206.
The gold mineralization intersected extends the structures and
confirms the style of mineralization observed in the trench NOT1817
area. The drill holes focused on a small area within the 5 km by 1
km Notches prospect from which approx. 2,650 grab samples averaging
2.2 g/t Au have been collected.
Kaares Area
Six scout drill holes, totalling 869.40
m, were completed in the greater Kaares area in the southern
part of the Risti property (Figure 4). The scout holes targeted
selected geophysical and geochemical anomalies located on or
adjacent to interpreted domain boundaries outside previously drill
tested areas. The anomalies resulted from Aurion's ongoing BOT
sampling and geophysical surveys.
Drilling intersected new gold bearing zones in highly deformed
and altered mafic volcanic rocks in previously untested areas.
KS22016 and KS22017, located approximately 1.7 km SW of
Kaaresselkä, returned 3.07 g/t Au over 1.00
m from 34.90 m and 1.66 g/t Au
over 1.22 m from 41.00 m respectively. In addition, a wider zone
of anomalous gold, up to 0.28 g/t, was intersected (KS22019)
approximately 1.4 km NW of Kaaresselkä.
Drill hole KS22015, located 1.7 km SW of Kaaresselkä,
intersected mafic intrusive hosted Pt and Pd mineralization,
returning an interval of 0.30 g/t Pt+Pd over 43.10 m from 74.50
m. This new mineralization, along with a previous interval
of 1.43 g/t Pd, 0.51% Cu over 0.85 m
from 71.80 m in hole KS21014 (2.5 km
E of KS22015), highlights the Pt and Pd potential of the area.
The existence of gold mineralized zones in strongly altered and
sheared mafic volcanic rocks well outside the previously drill
tested areas and the large number of untested geochemical and
geophysical anomalies further support the prospectivity of this
major structural trend that extends 15 km in the southern part of
the Risti Property.
Quality Assurance and Quality
Control
All drill core samples were delivered to the ALS preparation
facility in Sodankylä, Finland
where sample preparation work was completed. All analytical work
was completed at ALS facilities in Loughrea, Ireland and Rosia
Montana, Romania. ALS is an
internationally accredited lab and is ISO compliant (ISO 9001:2008,
ISO/IEC 17025:2005). Samples were analyzed for gold using either
the Au-AA26 procedure (50 g fire assay with AAS finish: Lower
Detection Limit ("LDL") 0.01 g/t gold; Upper Detection Limit
("UDL") 100 g/t gold) or they were analyzed for gold, platinum and
palladium using the PGM-ICP24 procedure (50 g fire assay with
ICP-AES finish: LDL 0.001 g/t gold, 0.005 g/t platinum, 0.001 g/t
palladium; UDL 10 g/t gold, 10 g/t platinum, 10 g/t palladium) or
the PGM-ICP23 procedure (30 g fire assay with ICP-AES finish: LDL
0.001 g/t gold, 0.005 g/t platinum, 0.001 g/t palladium; UDL 10 g/t
gold, 10 g/t platinum, 10 g/t palladium). Any samples that returned
over-limit values (>100 g/t gold), fire assay values of ≥3 g/t
gold or had visible gold observed were analyzed by Au-SCR24 1kg, Screen Fire Assay Au (0.05-1,000 ppm)
by 1kg screen fire assay (50 g nominal sample weight). The sample
pulp (1kg) is passed through a 100-micron stainless steel screen.
Any material remaining on the screen (>100 micron) is retained
and analyzed in its entirety by fire assay with gravimetric finish
and reported as the Au (+) fraction. The material passing through
the screen (<100 micron) is homogenized and two sub-samples are
analyzed by fire assay with AAS finish. The average of the two AAS
results is taken and reported as the Au (-) fraction result. All
three values are used in calculating the combined gold content of
the plus and minus fractions. The gold values for both the (+) 100
and (-) 100 micron fractions are reported together with the weight
of each fraction as well as the calculated total gold content of
the sample. Multi-element analysis (ME-ICP61, four-acid digestion,
35 element ICP-AES) was completed on all samples. Certified
standards and blanks were inserted every 20 samples. ALS has its
own QA/QC protocol using standards, blanks and
duplicates.
All till samples were initially delivered to the ALS preparation
facility in Sodankylä, Finland
from where they were shipped to the ALS preparation facility in
Outokumpu, Finland where sample
preparation work was completed. All analytical work was completed
at the ALS facility in Loughrea, Ireland. ALS is an internationally accredited
lab and is ISO compliant (ISO 9001:2008, ISO/IEC 17025:2017). Early
in the program samples were assayed for gold using the Au-AA24
procedure (50 g fire assay with AAS finish: Lower Detection Limit
("LDL") 0.005 g/t gold; Upper Detection Limit ("UDL") 10 g/t gold)
or the Au-AA23 procedure (30 g fire assay with AAS finish: LDL
0.005 g/t gold; UDL 10 g/t gold). The assay method was subsequently
changed to include platinum and palladium. All subsequent samples
were assayed for gold, platinum and palladium using the PGM-ICP24
procedure (50 g fire assay with ICP-AES finish: LDL 0.001 g/t gold,
0.005 g/t platinum, 0.001 g/t palladium; UDL 10 g/t gold, 10 g/t
platinum, 10 g/t palladium) or the PGM-ICP23 procedure (30 g fire
assay with ICP-AES finish: LDL 0.001 g/t gold, 0.005 g/t platinum,
0.001 g/t palladium; UDL 10 g/t gold, 10 g/t platinum, 10 g/t
palladium). Multi-element analysis (ME-MS61, four-acid digestion,
48 element ICP-MS) was completed on all samples. Certified
standards were inserted every 25 samples. ALS has its own QA/QC
protocol using standards, blanks and duplicates.
This news release has been reviewed by Andrew Hussey, P.Geo., GIS Geologist and
Database Manager for Aurion Resources, a Qualified Person as
defined by National Instrument 43-101. For more information on
these projects please visit our website at
www.aurionresources.com.
About Aurion Resources
Ltd.
Aurion Resources Ltd. (Aurion) is a well-funded, Canadian
exploration company listed on the TSX Venture Exchange (TSX-V: AU)
and the OTCQX Best Market (OTCQX: AIRRF). Aurion's strategy is to
generate or acquire early-stage precious metals exploration
opportunities and advance them through direct exploration by our
experienced team or by business partnerships and joint venture
arrangements. Aurion's current focus is exploring on its Risti and
Launi projects, as well as advancing its joint venture properties
with B2Gold and Kinross in
Finland.
On behalf of the Board of Directors,
Matti Talikka, CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Aurion Resources Ltd.