AuMEGA Metals Ltd managing director and CEO Sam Pazuki joins Proactive’s Tylah Tully to discuss initial high-grade assay results from its Bunker Hill Project in Newfoundland and Labrador, Canada, as part of limited first-pass prospecting.
Key highlights include two outcropping vein samples containing 17.2% copper, 16.9 g/t silver and 0.41 g/t gold, and another with 12.4% copper, 19.1 g/t silver and 0.56 g/t gold.
The project, along the Cape Ray Shear Zone (CRSZ), identified two large intrusive units, including the Nitty Gritty Granite, which may suggest porphyry mineralisation potential. Historic samples in the area revealed peak values of 57% copper, 17.05 g/t gold and 407.5 g/t silver.
The company's recent activities include a completed airborne magnetic survey and a till geochemistry survey with assay results pending. The findings suggest significant copper-gold-silver mineralisation along nearly a kilometre of strike and further exploration plans, potentially including RC and diamond drilling, are under consideration.
AuMEGA Metals is focused on advancing greenfield exploration targets along the CRSZ, which holds multi-million-ounce gold potential.