Money Genius Group
  • Investing
  • World News
  • Stock
  • Tech News
Investing

Justinian Cu-Au Prospect Extended Over 3km with 5.3g/t Au and Cu to 16%

by October 21, 2024
October 21, 2024

Augustus Minerals (ASX: AUG; Augustus or the Company) is pleased to announce the latest soil sampling and follow-up rock chip results from the Company’s Ti-Tree project. Review of soil sampling data from the program started earlier in the year has identified several new targets (Justinian) and/or extensions to existing prospects (Crawford in the west of the project area) and possible extensions to Coo Creek.

Augustus Minerals has received new assays from ongoing soil sampling and rock chip sampling programs conducted on the Justinian prospect and adjacent areas at the Ti- Tree Project, in Western Australia

High grade rock chips assaying up to 16% copper and up to 5.32g/t gold have been identified from field work over a 3.3 x 1.1km areaThe copper and gold identified in rock chips supports the anomalous soil sampling results from the recent regional survey.The soil and rock chip results define areas of Cu and Au anomalism related to splays of the Ti-Tree Shear wrapping around the Crawford Granite.Other anomalous soils have identified areas for further mapping and rock chip sampling north and west of Crawford Bore, and west of Coo Creek Broken Hill Style target.Elevated copper and lead in soils identified on a NE trending shear at Howell’s GapStrong base metal anomalism over the Moogooree carbonate hosted Zn-Pb target.

Mapping and field work is continuing to increase the definition and tenor of anomalies to drill targets for future programs.

The soil samples, sieved in the field to pass -80#, were scanned by Portable Spectral Services (PSS) at their West Perth office under controlled conditions. In the western Ti-Tree area, above background levels of Cu, Pb and Zn were returned which defined adjacent or frequently coincident trends (Figure 2). Figure 3 shows Cu-in-soils and copper in rock chips. The validity of the soil anomalies was validated by some overlap between historic sampling using traditional wet assay methods and the new pXRF data.

Gold-in-soils was determined by 50g Fire Assay at Intertek’s Perth laboratory.

Justinian Prospect

Review of soil sampling data from the regional soil program has identified several new targets and/or extensions to existing prospects.

Previous rock chip sampling1 identified gold to 10.1g/t at Justinian (Figures 1 and 2). Further rock chips within the soil anomaly have returned assays to 5.32g/t Au (WA001301) and 16% Cu (WA001310) (Table 1).

Justinian also shows anomalous levels of lead and zinc (Figure 2).

The mineralisation is dominantly hosted within the Leake Springs Metamorphics, a complex package of pelitic schist and fine-grained often garnet rich psammite.

Figures 3 and 4 show Au and Cu respectively in soil (pXRF results) and rock chips (four acid digest or aqua regia digest) at the Justinian prospect. The validity of the soil anomalies was validated by some overlap between historic sampling using traditional wet assay methods and the new pXRF data.

The Justinian prospect has been extended to cover a 3.2km x 1.1km area containing several distinct soil anomalies which appear to be coincident with diffracted splays of the Ti-Tree Shear around the Crawford Granite intrusions. It is possible that the diffraction around the more rigid granite bodies is causing dilation where the Ti-Tree Shear splays penetrate the host Leake Springs Metamorphics.

Click here for the full ASX Release

This post appeared first on investingnews.com
previous post
First Helium Announces Upsize of Private Placement
next post
Cygnus Metals, Doré Copper to Merge, Bringing Together Québec Assets

You may also like

Quimbaya Gold & Independence Drilling Secure 4,000m Drill...

March 3, 2025

Mithril Drills 20.5 g/t Gold, 1,833 g/t Silver...

March 3, 2025

American West Gearing up for Transformational Year at...

March 3, 2025

Tech 5: Apple to Invest US$500 Billion in...

March 1, 2025

Crypto Market Recap: House Democrats to Launch Meme...

March 1, 2025

Denison Mines Moves Closer to Federal Approval for...

March 1, 2025

Nuvau Minerals Inc. Changes Financial Year-End

March 1, 2025

Element79 Gold Announces Draw Down on Equity Facility...

March 1, 2025

Group Eleven Closes $2.5m Private Placement

March 1, 2025

Top 5 Canadian Mining Stocks This Week: GPM...

March 1, 2025

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Financials’ Strong Week Lifts Them to Within a Whisker of an All-Time High

      March 3, 2025
    • Growth Stocks Tumbling; Where to Find Safe Havens Now!

      March 1, 2025
    • 3 Compelling Charts in the Financial Sector

      March 1, 2025
    • New Indicator for Your Toolbox

      March 1, 2025
    • Sector Rotation & Seasonality: What’s Driving the Market Now?”

      March 1, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 moneygeniusgroup.com | All Rights Reserved

    Money Genius Group
    • Investing
    • World News
    • Stock
    • Tech News