AUR 0.00% 0.7¢ auris minerals limited

Ann: Corporate Presentation, page-57

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  1. 11,557 Posts.
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    Another dip would only be caused by people selling because of ignorance of the situation as already known.

    That situation is:

    # RC 1 is probably not mineralised to any great degree.
    # RC 4 is also probably not mineralised to any great degree.
    # RC 2 is probably not mineralised except for 15m @ 1.11% Cu from 117 metres  Including 6 metres @ 2.48% Cu (bornite) .
    # RC 3 is also probably mot mineralised except for 4 metres @ 1.80% Cu from 155m (bornite).

    I can't see any results worse than that, so they should be the bottom line.

    The positive flip side though is that the assays could be better than expected, so that should be a fillip.

    XRF can often be < lab assays.

    Then there are the alteration interpretations that could be very instructive so far as where to drill next.

    Also, but as a bolter, the bornite might be primary bornite.
 
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