Aux Resources Wraps 3,600 Metre Drill Program At Georgia Project

Aux Resources (TSXV: AUX) has completed its 3,600 metre drill campaign at the Georgia Project in the Golden Triangle of British Columbia. The program saw two drills conduct a total of 24 drill holes on the property, for which assays are currently pending.

The 2020 drill program was focused on extending areas of known mineralization, as well as highly prospective targets. The program resulted in multiple holes intercepting extensions of the historic Southwest vein mineralization known to be on the property, with mineralization extending beyond previously tested areas. Further, drilling conducted at the Hume Creek zone supports the model of a much larger gold bearing system being present.

In addition to this on-site drilling, the company managed to recover 2,750 metres of historic diamond drill cores from exploration performed between 1979 and 1996. The majority of the historic cores are from the Southwest vein, however the majority of the cores had only been selectively sampled. After a recovery program was completed, the core has been moved off site to be resampled.

“We are incredibly pleased with the 2020 exploration program. We intersected significant extensions of known mineralized zones in the area surrounding the historic mine site and we are also eagerly awaiting assays from the new Hume Creek zone which was drilled for the first time. In addition, our first field season at the newly acquired Silver Crown property has identified numerous veins hosting silver mineralization over a large area which will be drilled in 2021.”

Ian Slater, CEO of AUX Resources

In addition to the drill work completed at the Georgia Project, AUX has also completed its 2020 field season at its other properties within the Golden Triangle. The season saw work conducted at the Independence, Silver Crown, and Dorothy 2 properties that included field mapping and surficial sampling.

The exploration work conducted at these properties breaks down as follows.

  • Sampling conducted at Independence and Silver Crown saw 37 chip samples over 43 metres, 107 channel samples over 106 metres, and 131 grab samples.
  • Sampling conducted at Dorothy 2 saw 238 rock samples and 11 rock samples collected.

The sampling conducted at Silver Crown confirmed mineralization strike length of 1,400 metres in a single corridor. Channel samples that were collected at this property were collected over 500 metres of vein strike length, with samples having been collected every 40 metres. Lidar was also conducted at Silver Crown, along with the Independence and Georgia properties.

AUX Resources last traded at $0.35 on the TSX Venture.

FULL DISCLOSURE: AUX Resources Corporation is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover AUX Resources Corporation on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

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