Aurelius Minerals continues to intersect high-grade gold at its Aureus East Mine in Nova Scotia

Aurelius Minerals Inc reported high-grade gold results from its Aureus East project in mining-friendly Nova Scotia, Canada.  The Toronto-based gold exploration company is drilling at the 1,068-hectare Aureus East project to define a new gold mineral resource and continue expanding on the success of the Phase 1 program.  Aurelius Minerals was successful with its drilling program covering 10 holes across 3,554 meters (m) from its 10,000m Phase 2 drilling campaign. Through surface drilling, Aurelius intersected 149 grams per tonne (g/t) gold over 0.7m, and 4.8m at 5.2 g/t gold, from 338.5m in Hole AE-21-027, including 0.8m at 25.5 g/t gold from 339.4m.  READ: Aurelius Minerals completes airborne geophysical survey and optical televiewer program in Nova Scotia The company reported that through underground drilling, it intersected 17.72 g/t gold from 283.0m in Hole AE-21-024, including 36.8 g/t gold, from 283.7m. It also intersected 13.9 g/t gold from 306.9m in Hole AE-21-024, including 1.0m at 26.1 g/t gold from 306.9m. In a statement, Aurelius Minerals CEO Mark Ashcroft said: "We are very pleased with the continued success of our drilling program. These results continue to demonstrate the high-grade and continuous nature of the Aureus East Gold Project.” “The combination of surface and underground drilling continues to validate our thesis that this substantial gold system has been underexplored and misunderstood. We continue to take a systematic approach to our drilling program, and these assay results confirm we are on the right track," he added. Phase 2 drilling concentrates on discovering new gold horizons and expanding on historically known gold horizons and ones recently identified in Phase 1 drilling, said Aurelius. The advanced exploration will focus on a 500m by 500m pocket near the underground openings and utilize two rigs. The company said that the gold horizons at Aureus East are stacked within folded host rocks that gently dip toward the east. The near-surface horizons have been intersected in historical drilling along the trend at least 1.6km to the east with little exploration work laterally and into the limbs of the anticline. “Future exploration programs will aim to expand eastward and outward from the hinge of the anticline to grow the volume of rock with gold mineralization,” said the company. "Finding huge nuggets like the one in hole twenty-six fuels our excitement for exploring in Nova Scotia," said Aurelius Vice President Exploration Jeremy Niemi. "Exploring on the flanks of a former gold mine is exciting, and we see incredible opportunity to grow a near-surface gold resource with some serious depth potential. By drilling the under-explored limbs with our surface rig, we can add a lot of volume to the gold system, and our underground rig continues to expand the hinge and find new zones at depth." Contact the author Uttara Choudhury at uttara@proactiveinvestors.com Follow her on Twitter: @UttaraProactive