Auric Mining Limited (ASX: AWJ) (Auric or the Company) is pleased to announce that results have been returned for a small RC drilling program recently completed at the Fugitive Prospect, Spargoville Project, Western Australia.
HIGHLIGHTS
- Six-hole RC program completed at Fugitive Prospect.
- Scissor holes lead to geological reinterpretation.
- Results include 2m @ 3.82g/t Au, 3m @ 1.18g/t Au and 1m @ 6.08g/t Au within a broader mineralised zone.
- Mineralised zone represents highly prospective target for further drilling.
MANAGEMENT COMMENT
Mr. Mark English, Managing Director:
“The Fugitive Prospect is midway between two prominent, high-grade gold deposits; Wattle Dam and Spargos Reward at Spargoville. Our first-pass drilling has highlighted similarities with both deposits. We’re looking forward to the next phase when we will get the opportunity to test that model.”
Mr. John Utley, Technical Director:
“Historic drilling has outlined a zone of supergene gold mineralisation at Fugitive. Whilst there’s only sparse drilling below 50m vertical depth, we can see evidence for a plumbing system extending beneath the shallow mineralisation. It’s an enticing drill target, over almost 700 metres of strike length.”
RC drilling at the Fugitive Prospect
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