Auric Mining's Spargoville Project aircore drilling results update

Auric Mining Limited (ASX:AWJ) has successfully completed the Spargoville aircore drilling program, drilling 71 holes for a total of 2,259 meters. The program, conducted near Widgiemooltha, Western Australia, has confirmed the Fugitive and Anomaly 37 Prospects as first order targets for RC drilling. Notable aircore results include 4m @ 2,794ppb Au (2.79g/t Au), 22m @ 246ppb Au, and 11m @ 303ppb Au.

Executive commentary on Spargoville aircore drilling results

The latest aircore results and recent RC drilling results from the Fugitive Prospect reaffirm the potential within E15/1688 and provide further incentive to undertake deeper RC drilling in the Fugitive and Anomaly 37 Prospects. The anomalous intersections are hosted within a basalt unit approximately 100m to 125m in width, sandwiched between sediments on one side and ultramafics on the other. The aircore holes are restricted to weathered rock, and deeper RC drilling beneath the aircore drilling should be undertaken to target the mineralized zone in fresh rock 75m to 100m and more below the surface.

Summary of Auric Mining's Spargoville aircore drilling update

Auric Mining Limited (ASX:AWJ) has completed the Spargoville aircore drilling program, confirming the Fugitive and Anomaly 37 Prospects as first order targets for RC drilling. The results include notable intersections such as 4m @ 2,794ppb Au (2.79g/t Au), 22m @ 246ppb Au, and 11m @ 303ppb Au. The company plans to undertake deeper RC drilling to target the mineralized zone in fresh rock below the surface. Auric Mining's Spargoville Project forms part of its broader exploration and development activities in the Widgiemooltha-Norseman area of Western Australia, where the company holds tenements covering 346km2 and the rights to gold on all of its tenements. The company's next steps involve geological interpretation of the Anomaly 37 Prospect and RC drilling at the Fugitive and Anomaly 37 Prospects to test interpreted zones of gold mineralization in fresh rock beneath the current drilling.