AuRico Met­als drills 338m of 0.64 g/t Au at Kemess East

Stockwatch Daily - - MINES & METALS - Mr. Chris Richter re­ports

AURICO MET­ALS Inc. has pro­vided the full as­say re­sults from the com­pany’s 2017 ex­plo­ration pro­gram on the Kemess prop­erty. Drilling this sea­son fo­cused on con­vert­ing in­ferred re­source blocks to in­di­cated and test­ing the north­ern and south­ern lim­its of the Kemess East de­posit (eight holes, 11,917 me­tres). The 2017 ex­plo­ration also tested the north­ern ex­ten­sion of min­er­al­iza­tion within the Kemess off­set zone (KOZ) (two holes, 2,006 me­tres) lo­cated be­tween Kemess Un­der­ground and Kemess East.

Highlights from this year’s drilling at Kemess East in­clude:

• KH-17-05 in­ter­sected 338 me­tres of 0.64 gram per tonne Au and 0.45 per cent Cu, in­clud­ing 120 me­tres of 1.05 g/t Au and 0.60 per cent Cu;

• KH-17-08B in­ter­sected 846.5 me­tres of 0.25 g/t Au and 0.28 per cent Cu, in­clud­ing 208 me­tres of 0.37 g/t Au and 0.41 per cent Cu;

• KH-17-09 in­ter­sected 853.8 me­tres of 0.24 g/t Au and 0.25 per cent Cu, in­clud­ing 147.5 me­tres of 0.40 g/t Au and 0.42 per cent Cu.

Highlights from this year’s drilling in the Kemess off­set zone in­clude:

• KH-17-10 in­ter­sected 461.9 me­tres of 0.27 g/t Au and 0.22 per cent Cu;

• In­clud­ing 75 me­tres of 0.61 g/t Au and 0.41 per cent Cu.

(See AMI Ta­ble 1 on page 2)

Com­ment­ing on to­day’s ex­plo­ration re­sults, Chris Richter, pres­i­dent and chief ex­ec­u­tive of­fi­cer of AuRico Met­als, stated: “We’re pleased to re­port the out­come of this year’s drilling on the Kemess prop­erty and be­lieve we’ve suc­cess­fully achieved our ob­jec­tives. At Kemess East we ex­pect to con­vert a sig­nif­i­cant amount of in­ferred re­sources to in­di­cated re­sources and a num­ber of the holes point to good po­ten­tial to grow the re­source to the south. At the Kemess off­set zone, we in­ter­sected long in­ter­vals of gold and cop­per min­er­al­iza­tion and this tar­get re­mains open in ev­ery di­rec­tion. The re­sults from the Kemess East drill pro­gram will be in­cor­po­rated into an up­dated Kemess East re­source ex­pected in the first quar­ter of 2018.”

The com­pany ex­pects that the 2017 drill pro­gram will con­tribute to con­vert­ing in­ferred re­source blocks to in­di­cated re­source blocks and in­crease the grade of the Kemess East re­source. An up­dated re­source for Kemess East is ex­pected in Q1 2018. Fol­low­ing this year’s drilling, the Kemess East de­posit re­mains open to the west toward the KOZ, to the north and to the south.

We seek Safe Har­bor.

Erika Flores con­densed this news re­lease (erikaf@stock­watch.com).

Richard Mark Colter­john, Anne Louise Day, An­thony Wil­son Gar­son, John Alexan­der McCluskey, Scott Graeme Perry, Christo­pher Hans Richter, Joseph Ge­orge Spi­teri, Jan­ice Alayne Stairs

(AMI) Shares: 162,165,136

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