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Auris to investigate promising results at Feather Cap 

7 February 2022
ASX: AUR
Rueben Hale
Close up lump of gold mine on wooden table

Auris Minerals maiden drilling has returned consistent grades of gold along strike, plus the possibility for deep mineralisation dipping perpendicular to known geology at the Durack East prospect, part of the company’s promising Feather Cap gold project in Western Australia’s Bryah Basin. 

Volcanic Hosted Massive Sulphide gold mineralisation, with standout grades of 2.37 grammes per tonne from 32m and 5m at 1.87g/t Au from 30m along the 2km eastern strike along strike, promotes a 6.2km gold zone between Feather Cap and its Morck Well joint venture project.  

The thick trend has an interpreted apparent dip of between -45° to -70° to the south on reverse circulation drill lines, suggesting high-grade mineralisation along structures intersecting or at the sub-vertical intersection with favourable regolith boundaries.  

“These initial RC results improve our understanding of this shallow zone of gold mineralisation at Durack East and provide a solid platform to plan for our follow-up drill programme,” managing director Mike Hendriks said.  

“Further drilling is required to define this mineralised trend better, and we are working to obtain the necessary heritage clearances to commence air core drilling this quarter,”   

“Additional Air Core drilling is planned at Durack East, resulting in a drill spacing of 200m over the interpreted mineralised trend at the Durack East prospect.”    

Drilling will commence following heritage surveying scheduled for late February 2022.  

Multi-element results should be available in around five weeks. 

AUR’s Australian Stock Exchange-listed price has risen 1.89 per cent today, trading at 5.4c today (10:30 am UTC+8 hours) 

COMPANY OVERVIEW

Auris Minerals Limited is an ASX-listed mineral explorer with a strategic land-holding in the heart of the Bryah Basin in Western Australia. Prospective for both copper and gold, the Bryah Basin is a proven volcanic massive sulphide (VMS) province hosting a number of historic and existing operations including the De Grussa, Fortnum and Horseshoe Lights Projects as well as considerable supporting infrastructure. Auris intends to leverage its extensive exploration package via a clearly defined exploration program designed to deliver the maximum value to the portfolio, while assessing a range of opportunities to capitalise on any exploration success.

COMPANY INFORMATION

ASX: AUR

Website

https://aurisminerals.com.au/
https://www2.asx.com.au/markets/company/aur

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