Established Australian copper-gold producer and explorer,
Technical Discussion -
An underground diamond drill program recently commenced at the
Both massive sulphide lenses correlate with existing modelled sulphide bodies which form part of the current Avoca Tank Mineral Resource3. The thick, high-grade copper mineralisation, exceeding 5% Cu, supports the Company's view that Avoca
Tank will become a high-grade copper producer.
The drillhole also intersected a high-grade gold lens in the footwall to the copper sulphides lenses, reporting: 6.0m @ 0.36% Cu, 2.78g/t Au and 31g/t Ag (6.02)
The Avoca Tank deposit averages a higher-grade gold content in comparison to all other known deposits within the Tritton tenement package. Further drilling will assist with understanding the extent of the high-grade gold mineralisation intersected in drillhole ATEL001.
A further three drillholes have been completed as part of the underground drill program and these holes are currently being logged. Two of the three holes intersected the modelled ore horizon. The third hole deviated more than planned and missed the ore horizon.
Contact:
Mr.
Executive Chairman
Tel: +61 7 3034 6200
WEB: www.aerisresources.com.au
Media
Tel: 0402 580 802
(C) 2023 Electronic News Publishing, source