Monday, September 16, 2013 10:16:59 AM
TORONTO, September 12, 2013 /PRNewswire/ --
AuRico Gold Inc. (TSX:AUQ) (NYSE: AUQ), ("AuRico" or the "Company") is pleased to provide an update on its exploration program at the El Chanate mine located in Sonora, Mexico. The objective of the 2013 program is to further delineate mineralization within the existing open pit and expand the known mineralization along the Chanate trend in order to potentially convert this mineralization into mineral resources.
El Chanate Exploration Program
Since May, two reverse circulation drills have completed 80 holes (19,175 metres) to date within the current open pit and in the three target areas located along trend of the open pit (Rono, North West Extension and Loma Prieta) (Figure 1).
The drilling program within the current open pit has intersected a new type of mineralization below the ultimate open pit floor, which is significantly higher in grade than the current reserve grade and is hosted within a strongly silicified siltstone adjacent to a fault structure. Drilling highlights include:
Hole ID From (m) To (m) Length (m)[1] Grade Au g/t
CHCI-775 160.5 214.5 54.0 2.56
CHCI-776 126.0 174.0 48.0 2.90
CHCI-799 246.0 252.0 6.0 7.60
CHCI-836 246.0 270.0 24.0 2.70
[1]. Not true width
Outside the open pit, the drilling program is focused on three targeted areas along the Chanate Fault:
The North West Extension area, located 50 metres northwest of the ultimate open pit design (Figure 2), where 24 of 26 holes intersected grades that are equal to, or exceed, current cut-off grades;
The Rono target area, located 600 metres northwest of the ultimate open pit design (Figure 3), where 19 of 23 holes drilled in 2012 and 2013 intersected a broad zone of gold mineralization with grades that are equal to, or exceed, current cut-off grades; and
The Loma Prieta target area, located 1.2 kilometres southeast of the ultimate open pit (Figure 4), where 11 of 18 holes have intersected a quartz vein structure with grades that are equal to, or exceed, current cut-off grades.
PDF available at: http://40rhel5streamview01.newswire.ca/media/2013/09/12/20130912-703911-30700-b5ae2fdb-5374-48ee-9eae-da4940db22fe.pdf
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