ORN 11.8% 1.5¢ orion minerals ltd

News: Orion Gold looks for rare intermediate sulphidation epithermal gold and silver system

  1. Orion Gold (ASX: ORN) will begin drilling at its Connors Arc Epithermal Gold-Silver Project in Central Queensland, testing geological and geophysical targets identified in late 2014.

    Orion looks to have identified an intermediate sulphidation epithermal gold and silver system at Aurora Flats on the Connors Arc, where drilling is focused now.

    These intermediate Sulphidation deposits are rare in Australia while overseas discoveries have included some massive deposits such as Pachuca Real in Mexico and Acupan and Antomok Bagiuo in the Philippines.

    The project lies between the Cracow and Mt Carlton epithermal mines and looks to hold some promise. Historical drilling was encouraging.

    Two diamond holes have been completed to date with first results expected during January 2015.


 
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