Aurum Resources Limited (ASX: AUE) has initiated aircore drilling at the Ryans Find Project, signalling a significant milestone. The drilling campaign entails 74 holes, reaching depths of up to 60 meters, totalling around 3,500 meters in length. Wallis Drilling, employing a Mantis 200AC rig, is conducting the drilling operations, expected to conclude within 2-3 weeks. Sample composites, taken at 4-meter intervals with respect to lithological boundaries, will undergo gold assays, while 1-meter segments of weathered basement intersections may be assessed for base metals.
The drill site selection is guided by profile soil sampling, targeting base metals and gold along north-north-westerly striking greenstones where prior gold sampling results hinted at potential. This aircore drilling effort will investigate these anomalous areas, aligning with magnetic units associated with elevated gold in soils, and is set to make azimuths of 225 degrees with dips of -60 degrees, in alignment with the local geological strike.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
