Aurion Resources (TSX-V:AU) Ltd has reported drill results from the Aamurusko discovery at its wholly-owned Risti property in Finland, which included 88.90 grams per tonne (g/t) gold over 0.40 metres (m).
The company said the latest drilling has confirmed and extended gold mineralized structures at Aamurusko Main as well as intersected a new conglomerate-hosted gold setting in a previously untested area.
“Early results from 2021 have expanded the mineralized zones and support our view that significant and potentially economic gold mineralization will not be solely associated to quartz veining in clastic sediments and that many lithologies at Aamurusko are prospective for gold,” Aurion Resources (TSX-V:AU) CEO Matti Talikka said in a statement.
READ: Aurion Resources starts 10,000 metre drill and sampling program at its Finnish properties
“With this new knowledge, we look forward to returning in Q3 to expand the mineralized footprint at Aamurusko,” Talikka added.
Aurion noted that to date, 80% of all holes drilled at Aamurusko have intersected gold exceeding 1.0 g/t gold, with 51% of drill holes over 3.0 g/t gold, and 31% over 10.0 g/t gold.
It added that zones of gold mineralization remain open in multiple directions at all target areas.
Aurion also said its drilling and base of till sampling programs will continue through 2021 and the company is fully funded for the planned exploration activities until mid-2022.
Aurion Resources (TSX-V:AU) is a Canadian exploration company which acquires early-stage precious metals exploration opportunities.
The gold explorer has a portfolio of properties in Finland, including its flagship Risti and Launi projects, as well as joint venture agreements with Kinross Gold, B2Gold Corp and Strategic Resources in Finland.
Contact Sean at sean@proactiveinvestors.com