AUR 0.00% 0.7¢ auris minerals limited

The western Bryah Basin has a new player, page-6

  1. 11,557 Posts.
    lightbulb Created with Sketch. 154
    It will be good for RNI to have someone else drilling in the western Bryah.

    Now, what else is happening that is of relevance to RNI? 2 lots of exploration as I see it.

    1. SFR started aircore drilling recently at Vulcan which is in the Bryah on/near the Jenkin Fault between RNI's Doolgunna and Cashmans. It's in the Narracoota F too, so it's of interest to RNI -probably the same mineralised system.

    2. SFR/TLM have been beavering away during the last Q exploring the immediately to the lower east and south of RNI's Dool tenement. SFR is in charge of the drilling and did not report a nice gold reading, but TLM has just announced it.

    #New zone of shallow high-grade gold mineralisation intersected in first pass air core drilling at Southern Volcanics VMS corridor: 5m @ 44.8g/t from 10ms (headline)
    #Air-core drilling was focused on completing the first pass 400m x 100m coverage of the 16km long
    Southern Volcanics VMS corridor (Figure 3). This work, which is aimed at providing initial basement
    geological and geochemical data to aid in the identification of the potential host sedimentary units within
    the prospective stratigraphic sequence, has returned a high-grade gold intersection associated with
    quartz veining in basement dolerite. The intersection in hole TLAC3143 returned 5m @ 44.8 g/t Au
    from 10m down hole. Infill air-core and deeper RC drilling to follow-up on this high-grade intersection
    is planned for the June quarter. Full details of the hole collar location and intersection are provided in
    Table 2 and Table 3.(commentary).

    # tlm m17Q.JPG
    Link here to see what RNI found very close to TLAC3143 in 2011 at Ross's Reef (where copper was also found) http://rninl.com.au/wp-content/uploads/RNI-5-9-2011.pdf.

    The map below from the SFR Q (my highlighting and label) says a lot imo.

    sfr map mq17.JPG
 
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