VANCOUVER, British Columbia, June 15, 2017 (GLOBE NEWSWIRE) -- Aurelius Minerals Inc. (TSX.V:AUL) (the “Company” or “Aurelius”) announces that it has confirmed 13.72 grams per tonne (“g/t”) gold over 7.70 metres (“m”) in historic drill core found during its recent resampling program on the Lipton property. The Company located the 2006 Dentonia Resources core storage facility during its recent site visit and resampled select intervals including the high-grade gold interval in hole L-06-7.
The resampling program confirmed high-grade gold mineralization in L-06-7, intersecting 7.70 m grading 13.72 g/t gold in the confirmation assays compared to 13.52 g/t over the same interval in the original assay. The confirmation assay includes 1.00 m at 56.1 g/t gold, 1.00 m at 23.8 g/t gold, 0.90 m at 16.6 g/t gold and 1.30 m at 7.56 g/t gold. The program successfully identified the mineralized zone and confirmed the gold grade distribution. Additional sampling of previously un-sampled intervals is on-going.
"We are pleased to confirm the high-grade gold mineralization at Lipton, which we believe demonstrates the upside potential of the project," stated Mark N.J. Ashcroft, PEng, Aurelius' President and CEO. "Our confirmation assays give us confidence in our land position and exploration strategy for the area. With our Mikwam property in the Burntbush camp, we are the second-largest landholder in the northern Abitibi after Detour Gold and we are determined to replicate their success by employing proven exploration techniques on our properties. Aurelius is currently finalizing plans to conduct exploration drilling on the Lipton property and looks forward to providing an update on those activities."
In addition to the 2006 Dentonia drill core, the Company also located the core from the 2010 Atocha Resources Inc. drill program. The 2010 program was comprised of 7 holes totaling 1,237 m and there are several intervals which were not sampled in favorable horizons for gold mineralization. The Company will commence a detailed relogging and sampling campaign in the coming weeks, ahead of the 2017 field exploration activities.
All samples were submitted to Bureau Veritas in Timmins, ON., for sample preparation by crushing one kilogram to 70 per cent less than two millimetres, creation of a 500-gram split and then pulverizing to 85 per cent passing 75 microns. Sample pulps are submitted for gold analysis with a 30 g fire assay and atomic absorption spectroscopy finish (code FA430). Samples returning higher than 10 parts per million gold were re-assayed with a 30 g fire assay and gravimetric finish. Control samples (accredited gold standards, blanks and duplicates) were inserted into the sample sequence by Bureau Veritas on a regular basis to monitor precision of results.
Jeremy Niemi, PGeo, the qualified person as defined by National Instrument 43-101 for the Abitibi greenstone belt properties, has reviewed and approved the technical information in this release.
About Aurelius
Aurelius is a premier gold exploration company, holding the Mikwam and Lipton Properties within the prolific northern Abitibi Gold belt in Ontario, Canada. The company has a sound management team with experience in all facets of the mineral exploration and mining industry who will be considering additional acquisitions of advanced staged opportunities in the Abitibi and other proven mining districts.
