Jonpol Explorations to Resume Diamond Drilling on Enriched Gold Zone

Strategic Insights -

Aur Resources Inc. plans to resume diamond drilling on the Jonpol/Amos property, a joint venture with Jonpol Explorations Limited, to continue exploration of the geochemically enriched gold zone discovered in 1994. The drilling program aims to expand the mineralized zone, which is associated with semi-massive to massive pyrite-pyrrhotite bands within sheared and bleached andesites. Anomalous gold was previously identified in the area, with intersections of 156 ppb over 35.5 m and 99 ppb Au over 60.4 metres. The mineralization is believed to strike east-west, be sub-vertical, and is currently defined over a strike length of 150 m.

Key Takeaways:

  • Aur Resources Inc. plans to resume diamond drilling on the Jonpol/Amos property to explore the enriched gold zone discovered in 1994.
  • The drilling program aims to continue expansion of the mineralized zone, which is associated with pyrite-pyrrhotite bands in andesites.
  • Anomalous gold intersections of 156 ppb over 35.5 m and 99 ppb Au over 60.4 metres were previously obtained in the area.
  • Mineralization is believed to strike east-west, be sub-vertical, and is currently defined over a strike length of 150 m.
  • The goal is to increase the strike length of the sulphides hosting the anomalous gold, as indicated by an IP survey conducted in November 1994.
  • Jonpol Explorations Limited will concentrate exploration on its land position in the N.W.T. and James Bay Lowlands for diamondiferous kimberlite occurrences.
  • Bulk sampling of the Jonpol/T&H Resources Ltd. gold property in Garrison Township is under consideration.

Statistics:

  • 156 ppb of gold was intersected over 35.5 m in the area.
  • 99 ppb Au was intersected over 60.4 metres in the area.
  • The mineralization is currently defined over a strike length of 150 m.
  • An IP survey conducted in November 1994 indicates that the sulphides hosting the anomalous gold have potentially considerable strike length.

Sources:

  • Business Wire, "JONPOL EXPLORATIONS(TSE: JON ) ANNOUNCES RESUMPTION OF DIAMOND DRILLING ON JONPOL/AMOS PROPERTY", May 15, 1995.