AUR 0.00% 0.8¢ auris minerals limited

Ann: More High-Grade Copper at Wodger, page-15

  1. 140 Posts.
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    The assays were always expected to be weaker for RC holes 1-4. No surprise with the weaker SP.

    What is a surprise is the chalcocite. That is a very good sign. I thought this particular zone was associated with the bornite and was late-stage (quartz veining). The chalcocite puts it firmly in the Horseshoe Lights model as opposed to the Monty-style. DeGrussa type is still open but no problems my end with the reduced talk in comparing Wodger to DeGrussa.

    The NNW plunge has been confirmed. The long section clearly shows the southern drill holes were in the wrong spot. The MLEM plate took them in that direction, but this was not the place to be.

    The announcement is more positive than I thought it was going to be. The only negative is they are still not on the ground drilling. Obviously they need permits and approvals but hopefully they can move this through quickly to boost the Sept options for other shareholders and the AUR kitty.
 
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