Aurelia Metals' recent exploration programs at Federation deposit

Aurelia Metals Limited (ASX: $AMI) has announced significant results from its recent exploration programs at the Federation deposit. The exploration has identified potential for significant further resource growth at Federation, particularly in the North Offset (Federation West) and Below the Main Thrust (Federation East) areas. The Company anticipates the release of assay results in respect of the visual estimates to occur during Q4 FY24.

Executive commentary on exploration results

Chief Development and Technical Officer, Andrew Graham, expressed excitement about the exploration results, stating, 'These discoveries have further substantiated our belief in the significant lateral and depth growth potential at the Federation deposit, as we approach development of first stope ore in Q1 FY25. The massive sulphides seen in the North Offset drilling are exciting and suggest that further lenses remain undiscovered at Federation. The drill results from below the Main Thrust point to depth continuity below this structure and provide significant targets for future extension. What is most exciting however, is that our deeply experienced Exploration Team are continuing to employ a leading edge science-based approach to discovery with great success.'

Summary of exploration results and outlook

Aurelia Metals' exploration programs at the Federation deposit have revealed significant strike offset and depth extension potential, indicating the possibility of further resource growth. The Company is optimistic about the lateral and depth growth potential at the Federation deposit and is looking forward to the development of first stope ore in Q1 FY25. The identification of massive sulphides in the North Offset drilling and the confirmation of depth continuity below the Main Thrust provide promising targets for future extension. Aurelia Metals remains committed to employing a science-based approach to discovery and is poised for further developments in its exploration endeavors.