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Auris Minerals (ASX:AUR) - Managing Director, Mike Hendricks
Managing Director, Mike Hendricks
Source: 6PR
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  • Auris Minerals (AUR) will carry out more drilling at the Forrest and Wodger copper deposits, located in the Byrah Basin of WA
  • Six diamond drill holes will be completed at the deposits to test for dip and plunge extensions to the current copper resource
  • The resource currently sits at 2.4 million tonnes at 1.7 per cent copper for 41,500 tonnes, while the drilling at the deposits should begin next week
  • Meanwhile, Westgold Resources (WGX) recently completed a reverse circulation drilling program at Forrest
  • WGX owns 100 per cent of the gold rights for the deposit, while AUR owns 80 per cent of the mineral rights besides gold
  • Shares in Auris Minerals are trading down 1.09 per cent at 9.1 cents each, while WGX shares are trading down 0.25 per cent at $2 each

Auris Minerals (AUR) will carry out more drilling at the Forrest and Wodger copper deposits, which are located in the Byrah Basin of WA.

New drilling

The exploration company will complete a total of six diamond drill holes at the deposits, testing for dip and plunge extensions to the current copper resource.

Forrest and Wodger’s combined resource currently sits at 2.4 million tonnes at 1.7 per cent copper for 41,500 tonnes.

AUR advises that the diamond drill rig should arrive at the site in WA on February 21, with drilling to begin soon after.

Four drill holes for 1550 metres are planned at the Forrest Deposit and two drill holes for 990 metres are planned at the Wodger Deposit.

Additionally, the company revealed its planning to carry out down hole electromagnetic surveys for four of the six holes.

Past drilling

Meanwhile, Auris advises that Westgold Resources (WGX) recently completed a reverse circulation (RC) drilling program at the Forrest deposit.

39 holes were drilled for 3081 metres, including three deeper holes for 456 metres infilling the copper resource below the gold cap.

WGE owns 100 per cent of the gold rights for the deposit, while AUR own 80 per cent of the mineral rights besides gold.

Commenting on the results, Auris Managing Director Mike Hendriks said it provided strong insights.

“The recent drilling completed by Westgold has also provided our team with some important insights at the Forrest Copper Deposit,” he said.

“Of particular interest was the visible malachite in two of the deeper holes completed by Westgold,” Mike added.

More assay results from the WGX program are expected in the coming months and AUR will use the findings to inform its further exploration program at Forrest.

Shares in Auris Minerals are trading down 1.09 per cent at 9.1 cents each, while WGX shares are trading down 0.25 per cent at $2 each at 3:06 pm AEDT.

AUR by the numbers
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