Aeris Resources Updates Turbo Lens MRE

THE DRILL SERGEANT: Aeris Resources (ASX: AIS) released an updated Mineral Resource estimate (MRE) for the Turbo lens at the Bentley deposit, located at the company’s 100 per cent-owned Jaguar operations in Western Australia.

The updated MRE for the Turbo lens has come in at 1.26 million tonnes at 1.82 per cent copper, 8.5 per cent zinc, 0.72 grams per tonne gold and 47g/t silver.

The update compares well against the December 2021 MRE providing a 23 per cent increase in tonnage, 39 per cent increase in contained zinc metal, 17 per cent increase in contained copper metal, and 21 per cent increase in contained gold metal while doubling the strike length to 400 metres.

The majority of resource classification (89 per cent by tonnage) has been upgraded to Indicated status.

“The updated mineral resource has materially increased the ore tonnes and metal content at the Turbo lens,” Aeris Resources executive chairman Andre Labuschagne said in the company’s ASX announcement.

“This drilling campaign has also resulted in the majority of the mineral resource being upgraded to Indicated status.

“We believe there is strong potential for further Mineral Resource increases at Turbo, as it remains open along strike and down plunge.

“This view is supported by recent drilling outside of the resource envelope, which has intersected massive sulphide mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE