The resource estimate holds 78,000 oz. of pit-constrained gold and another 84,700 oz. of underground material. The inferred material comprises 147,200 oz. of pit constrained and 240,400 oz. of underground constrained resources.
Aurelius said it plans to build on the resource estimate by focusing on the subsequent phases of drilling on high-grade target zones to increase the resource estimate in the near term and plans to fold this work into an upcoming preliminary economic assessment.
On Thursday, Aurelius noted “tremendous” exploration potential remaining on the property, with several zones north and south of the deposit axis.
The zones extend from the surface and are open at depth, with potential for surface extraction and near-surface resource growth, Aurelius said.
According to Aurelius, most of the drilling is…
