- Multiple gold in till anomalies identified by regional
sampling program within the Risti and Launi properties
- Gold in till anomalies encountered within several geologic
settings including volcanic, sedimentary and intrusion related
domains
- Follow up sampling program to commence
ST. JOHN'S NL, Sept. 7, 2021 /CNW/ - Aurion Resources
Ltd. (TSX: AU) (OTCQX: AIRRF) ("Aurion" or the
"Company") announces results from regional base of till
sampling program at its wholly owned Risti and Launi properties
located in the Central Lapland Greenstone Belt in northern
Finland.
Summary
Base of till sampling program identifies multiple gold
anomalies
A number of gold in till anomalies have been
identified from the regional base of till sampling program (a total
of 3,493 samples) that targeted previously unexplored areas within
the Risti and Launi properties.
Elevated gold values were encountered within several geologic
settings including volcanic, sedimentary and intrusion related
domains.
Many of the gold in till anomalies coincide with, or are in
close proximity to, potential structural features and/or
lithological contacts interpreted from geophysical data sets.
The encouraging results further support the prospectivity of
Aurion's extensive land package and warrant follow up activities
including continuation and expansion of the base of till sampling
program.
Comments
"The identification of a number of gold in
till anomalies in previously unexplored areas is highly encouraging
and highlights the potential for new gold discoveries within the
Risti and Launi properties" commented Matti Talikka, Aurion's CEO. "Significant
discoveries have been made in northern Finland through base of till sampling. Sakatti
and Ikkari represent two large, high-grade discoveries that were
initially detected as minor base of till anomalies in areas with
limited outcrop. Aurion's many surface discoveries have been made
by prospecting in areas with prominent outcrop. We expect base of
till sampling on our unexplored, covered areas to play an important
role in the discovery process going forward."
Base of till sampling program identifies multiple gold
anomalies
The vast majority of the Risti and Launi
properties is covered by glacial till. Many of these till covered
areas are not amenable to the prospecting and surface mapping that
has previously led to multiple discoveries, including the Aamurusko
high-grade discovery. Till sampling has been a key exploration
method behind most gold and base metal discoveries within the
Central Lapland Greenstone Belt, including the recent Ikkari
(Rupert Resources) and Sakatti (Anglo
American) discoveries.
Aurion commenced a regional base of till sampling program in
early 2021 with an aim to provide information on regional scale
geology and gold prospectivity of mainly unexplored, till covered
parts of the properties.
During the first half of 2021, a total of 3,493 samples were
collected along a number of profiles covering selected parts of the
properties. See Figure 1 for samples locations and gold values.
Sampling initially took advantage of winter conditions in order
to access swampy areas and then continued in the spring and summer
in forested and dry areas. The sample spacing along the profiles
varies between 25 and 100 metres (m) and the distance between
profiles is up to several kilometres. The reconnaissance sampling
only covered a limited part of the properties and the sample
density remains very sparse in many areas of interest.
The sample depths varied between 0.5 and 18.5 m with an average depth of 3.15 m. The sampling targeted the base of till
layer, but in some locations this layer was not reached due to deep
overburden, bouldery till and the light weight and less powerful
till sampling rig used.
At the Risti property, gold in till anomalies were encountered
for example in the northeastern flank and southwestern parts of the
property as well as along strike to the east and west from the
Kaaresselkä prospect. Many of these anomalies are interpreted to
occur within mafic to ultramafic domains.
At the Launi East property, gold in till anomalies are
potentially trending in north-south or northwest-southeast
directions in the western, middle and eastern parts of the
property.
At the Launi West property, gold in till anomalies exist
particularly at the center of the property.
Many of the gold in till anomalies coincide with, or are in
close proximity to, potential structural features and/or
lithological contacts interpreted from geophysical data sets. In
addition, elevated pathfinder element concentrations (for example
arsenic, copper and tellurium) coincident with gold anomalies in
several locations.
The results warrant further exploration activities including
follow up sampling in many areas with anomalous gold values and
expansion of the base of till sampling program to other unexplored
parts of the properties.
The large number of elevated gold values across the Risti and
Launi properties further highlight the potential for new
discoveries within the extensive land package.
Figures associated with this release can be found on the Company
website at
https://aurionresources.com/site/assets/files/1396/nr21-14figures.pdf.
Quality Assurance and Quality
All samples were
initially delivered to the ALS preparation facility in Sodankylä,
Finland from where they were
shipped to the ALS preparation facility in Outokumpu, Finland where sample preparation work was
completed. All analytical work was completed at the ALS facility in
Loughrea, Ireland. ALS is an
internationally accredited lab and are ISO compliant (ISO
9001:2008, ISO/IEC 17025:2005). Early in the program samples were
only assayed for gold using the Au-AA24 procedure (50 g fire assay
with AAS finish: Lower Detection Limit ("LDL") 0.005 g/t gold;
Upper Detection Limit ("UDL") 10 g/t gold) or the Au-AA23 procedure
(30 g fire assay with AAS finish: LDL 0.005 g/t gold; UDL 10 g/t
gold). The assay method was subsequently changed to include
platinum and palladium. All subsequent samples were assayed for
gold, platinum and palladium using the PGM-ICP24 procedure (50 g
fire assay with ICP-AES finish: LDL 0.001 g/t gold, 0.005 g/t
platinum, 0.001 g/t palladium; UDL 10 g/t gold, 10 g/t platinum, 10
g/t palladium) or the PGM-ICP23 procedure (30 g fire assay with
ICP-AES finish: LDL 0.001 g/t gold, 0.005 g/t platinum, 0.001 g/t
palladium; UDL 10 g/t gold, 10 g/t platinum, 10 g/t palladium).
Multi-element analysis (ME-MS61, four-acid digestion, 48 element
ICP-MS) was completed on all samples. Certified standards were
inserted every 25 samples. ALS has its own QA/QC protocol using
standards, blanks and duplicates.
This news release has been reviewed by Andrew Hussey, P.Geo., GIS Geologist and
Database Manager for Aurion Resources, a Qualified Person as
defined by National Instrument 43-101. For more information on
these projects please visit our website at
www.aurionresources.com.
About Aurion
Aurion is a Canadian exploration company
listed on the TSX Venture Exchange (TSX-V:AU) and OTCQX Best Market
(OTCQX: AIRRF). Aurion's strategy is to generate or acquire
early-stage precious metals exploration opportunities and advance
them through direct exploration by our experienced team or by
business partnerships and joint venture arrangements. Aurion's
current focus is exploring on its Flagship Risti and Launi
projects, as well as advancing joint venture arrangements in
Finland.
On behalf of the Board of Directors,
Matti Talikka, Chief Executive
Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Aurion Resources Ltd.