NEVADA SPECIAL — Aur to follow up at Coleman Canyon

Aur Resources (AUR-T) will carry out more drilling on its Coleman Canyon property, 100 km north of Elko, Nev.

Drilling last year intersected 117 metres grading 0.7 gram gold per tonne and another 6 metres grading 2.4 grams. James Gill, Aur’s president, told the company’s annual meeting that the prospect had “lots of tonnage” but that the company would still have to find satisfactory grades and evidence that the mineralization is continuous. Bulk-minable deposits in the Carlin trend typically grade 1-2 grams.

Shallower mineralization exposed in surface trenches and drill core contains free gold in highly oxidized rock. The yellow metal can be extracted by cyanide leaching. Deeper drill intersections reveal free gold and gold held in sulphides and sulphosalt minerals.

Operations were suspended last winter as a result of heavy snowfall. For the current exploration season, Aur hopes to define the size and shape of the deposit, test the metallurgical characteristics of the mineralization and conduct initial surface exploration on other parts of the property.

Aur has earmarked $2.2 million for work at Coleman Canyon, and another $400,000 is slated for projects in other parts of Nevada and the western U.S.