Aeris Resources Releases Minerals Resource for Golden Plateau

THE DRILL SERGEANT: Aeris Resources (ASX: AIS) released a maiden JORC 2012 Mineral Resource Estimate (MRE) for the Golden Plateau deposit, located within the company’s 100 per cent-owned Cracow tenement package in Central Queensland.

The MRE for the Golden Plateau deposit has come in at:

620,000 tonnes at 3.1 grams per tonne gold and 15g/t silver for 62,000 ounces of gold metal and 300,000 ounces of silver metal.

The MRE includes an Indicated Resources of:

130,000 tonnes at 3.4g/t gold, 18g/t silver for 14,000 ounces gold and 70,000 ounces silver.

And Inferred Resources of:

490,000 tonnes at 3g/t gold, 15g/t silver for 48,000 ounces gold and 230,000 ounces silver.

The Golden Plateau deposit is located 1km north from Aeris’ Cracow Processing Facility and is situated along a regional northwest trending epithermal quartz vein structure that has been traced along a total strike length of 7km to 10km.

“This maiden Mineral Resource and Exploration Target validates our long-held view that the Golden Plateau deposit has the potential to play an important part in extending the life of our Cracow Operation,” Aeris Resources executive chairman Andre Labuschagne said in the company’s ASX announcement.

“The focus is now on conceptual mining studies to incorporate the deposit into the mine plan and to continue drilling the defined Exploration Target.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE