AYT 0.00% 0.5¢ austin metals limited

Ann: MORE SPECTACULAR GRADES RETURNED FROM ROCK CHIP SAMPLING, page-3

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    MORE SPECTACULAR GRADES RETURNED FROM ROCK CHIP SAMPLING AT THE ASHBURTON COPPER-GOLD PROJECT

    • Further rock chip sampling at the Ashburton Copper-Gold Project has returned some spectacular high grade results, including: o 9.7g/t Gold and 8.6% Copper o 4.0g/t Gold and 7.3% Copper o 70.1% Lead and 198g/t Silver • These rock chips follow on from previous outstanding assay and trenching results including: o 12m @ 12.5g/t Au and 1.7% Cu (trench) o 13m @ 4.1% Cu and 0.3g/t Au (trench) 14.7% Copper (rock chip) o 8.6% Copper (rock chip) • Two new prospects ‘Galena Gully’ and ‘Mavericks’ have been identified through the sampling. • The high-grade copper and gold rock chip samples define a new mineralised zone at the Donnelly’s Prospect in addition to the 1.2kms long zone of outcropping copper gold mineralization previously identified • In total circa 18km of potential strike has been identified and mineralisation remains open at all prospects. • Geological and geochemical analysis suggest the Ashburton Project is highly prospective for both Orogenic Gold and Sediment Hosted Base Metal mineralization. • The Company is now preparing to commence a trenching and drilling program to test the extensive surface mineralization defined.

    18KM STRIKE, AYT ON TO SOMETHING BIG
    MARKET HASN'T WOKEN UP YET
    COPPER GRADES ARE A BOOMER
 
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