Aurelia Metals Progresses Drilling at Hera

THE DRILL SERGEANT: Aurelia Metals (ASX: AMI) is progressing exploration and Resource infill drilling in the upper North Pod lode at the company’s Hera mine, located south east of Cobar in New South Wales.

Aurelia Metals has received final assay results for a further 34 drill holes, adding to the initial 12 holes it reported to the market in December 2018.

The company said the ongoing program has returned multiple new high-grade base metal, silver and gold intercepts including:

18.5 metres at 3.7 per cent lead and zinc (Pb+Zn), 27g/t silver and 8 grams per tonne gold, including 7m at 4.4 per cent Pb+Zn, 27g/t silver and 19.6g/t gold;

7m at 45.1 per cent Pb+Zn, 229g/t silver and 0.3g/t gold;

14m at 18.3 per cent Pb+Zn, 188g/t silver and 0.8g/t gold, including 6m at 35.4 per cent Pb+Zn, 222g/t silver and 0.3g/t gold;

17m at 4.5 per cent Pb+Zn, 19g/t silver and 5.3g/t gold, including 2m at 4.9 per cent Pb+Zn, 32g/t silver and 42.5g/t gold; and

12m at 23.1 per cent Pb+Zn, 106g/t silver and 0.6g/t gold.

Aurelia Metals said it was encouraged by the results from holes HRUD642 and HRUD651 as they extend the high-grade trend at North Pod beyond the current Inferred Resources and well beyond the current life-of-mine (LOM) stoping plan.

“We expect these exciting results in North Pod will add to the Resources and Reserves,” Aurelia Metals managing director & CEO Jim Simpson said in the company’s announcement to the Australian Securities Exchange.

“The company continues to focus on near-mine exploration to extend the future at Hera.”