Infill drilling at Aurelian Resources‘ (ARU-T) massive Fruta Del Norte gold-silver deposit in Ecuador has resulted in some eye-catching intersections.
The results included a 144-metre intersection grading 7.41 grams gold per tonne and 12.4 grams silver, including 14.1 metres grading 20.52 grams gold and 7 metres grading 34.89 grams gold.
Another intersection measured about 169 metres grading 13.16 grams gold per tonne and 13 grams silver, including 53.5 metres grading 22.69 grams gold.
There was also a 76-metre intersection grading 7.28 grams gold per tonne and 7.7 grams silver, including 35 metres grading 12.6 grams gold per tonne.
Seven drills continue to drill the deposit, located on the Condor project in southeastern Ecuador. One is testing west of the west fault for an extension of the deposit at depth while another two are drilling fences of holes south of the deposit across the Saurez pull-apart basin to test for buried epithermal systems.
The remaining four diamond rigs are being used for infill drilling for a resource update to be calculated later this summer. And soon, Aurelian will start testing metallurgical holes and geotechnical holes so the company can begin planning infrastructure locations.
The deposit was first discovered in 2006 and now has an inferred resource of 58.9 million tonnes grading 7.23 grams gold per tonne and 11.8 grams silver for a total 13.7 million oz. gold and 22.4 million oz. silver. A cut-off grade of 2.3 gold-equivalent grams per tonne was used in the calculation, which was released last November.
The resource was based on 45,000 metres of drilling spread across 85 drills holes. Now the total is up to 110 holes and counting.
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