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Aurelia Metals Ltd.
Aurelia Metals Ltd.
Registriert in: Australien WKN: A115FX Rohstoffe:
Art: Originalaktie ISIN: AU000000AMI1 Gold
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Heimatbörse: Sydney/Melbourne Alternativ:
Währung: AUD    
Symbol: AMI.AX Forum:

Aurelia Metals Ltd Hera Gold-Lead-Zinc Project Update

24.10.2014 | 2:11 Uhr | ABN Newswire
Sydney, Australia (ABN Newswire) - Aurelia Metals Ltd. (ASX:AMI) ("AMI" or the "Company") is pleased to provide an update on development, exploration and commissioning activities at its Hera gold-lead-zinc project.


CONCENTRATE HAULAGE COMMENCED

Haulage of zinc-lead concentrate from the Hera Mine Site to the Hermidale rail siding has commenced in preparation for first concentrate train to port later this week. First shipment remains on schedule for the December quarter.


HERA SOUTH EXPLORATION

Exploration drill holes completed from underground have continued to return numerous high-grade results from outside the existing Hera Reserve, extending the known limits of the Hera South and Main South lenses. New results include:

- 3.8m @ 16.7g/t Au and 19.0 % Pb+Zn - 7.7m @ 16.4g/t Au and 5.1% Pb+Zn
- 7.2m @ 10.2g/t Au, and 6.3% Pb+Zn
- 23.7m @ 6.9g/t Au and 5.9% Pb+Zn
- 8.9m @ 11.8g/t Au and 7.5% Pb+Zb

The Hera South mineralisation is readily accessible from planned underground development. Work is in progress to incorporate this material into the mine plan with potential for it to provide a near term source of higher grade ore to the processing plant.


PROCESS PLANT IN FINAL STAGE COMMISSIONING

Following plant hand-over in September, the Hera process plant is now in final stage commissioning with a focus on optmisation of recoveries and rectification of minor defects


HERA OPERATIONS, NSW (100%)

The Hera gold-lead-zinc operation construction phase is essentially complete, with the process plant now in the final stage of commissioning and the underground now established to commence full scale extraction of stope ore.


PROCESS PLANT IN FINAL STAGE COMMISSIONING

Following plant hand over in September, the Hera process plant is now in final stage commissioning with a focus on the following activities:

- Optimisation of process reagents, grinding media and process flow rates

- Optimisation of metal recoveries, with lead and zinc recoveries to concentrate now moving into >92%

- First planned maintenance shutdown and rectification of minor mechanical defects

- Ongoing development of the process operations team


CONCENTRATE HAULAGE COMMENCED

Aurelia Metals has commenced haulage of zinc-lead concentrate from the Hera Mine Site to the Hermidale rail siding in preparation for first concentrate train to port later this week. First shipment remains on schedule for the December quarter.

The Hera mine site will ship concentrates in 5,000 - 6000t lots to customers of the Company's offtake partner Glencore.


HERA SOUTH EXPLORATION

Exploration drill holes completed from underground have continued to return numerous high-grade results from outside the existing Hera Reserve. Exploration drilling has focused on extensions to the Hays South lens and the Mains South lens.

These results will have a near-term impact in extending the existing reserves, with mine scheduling for additional mining area on the Hays High grade results already underway.

Highlight intersections from outside the existing Reserve on the Hays South Lens include:

- HRUD106: 3.8m @ 16.7g/t Au, 27g/t Ag and 19.0 % Pb+Zn

- HRUD109: 7.7m @ 16.4g/t Au, 9g/t Ag and 5.1% Pb+Zn, includes
2.5m @ 50g/t Au, 22g/t Ag and 13.9% Pb+Zn

- HRUD111: 5.1m @ 5.5g/t Au, 18g/t Ag and 13.0% Pb+Zn

- HRUD112: 7.2m @ 10.5g/t Au, 29g/t Ag and 10.2% Pb+Zn

- HRUD121: 4.0m @ 32.8g/t Au, 22g/t Ag and 4.8% Pb+Zn

- HRUD115: 1.1m @ 45.2g/t Au, 31g/t Ag and 14.4% Pb+Zn

A number of exploration holes have also been completed at the upper southern part of the Hera Main South Lens, returning very strong results from outside the existing reserve, including:

- HRUD137: 11.25m @ 6.2g/t Au, 13g/t Ag and 2.8% Pb+Zn

- HRUD138: 23.7m @ 6.9g/t Au, 14g/t Ag and 5.9% Pb+Zn, includes
7.7m @ 19.6g/t Au, 11g/t Ag and 6.2% Pb+Zn

- HRUD139: 8.95m @ 11.8g/t Au, 39g/t Ag and 7.5% Pb+Zn

The position of these Main South Lens results are presented on long section with respect the existing Hera Reserve on the following page. Hole details for all the drillholes in this release are included as Table 1 and Table 2 in link below.

To view tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AMI-696340.pdf


About Aurelia Metals Ltd:

Aurelia Metals Ltd. (ASX:AMI) is focused on the development and exploration of the high grade Hera-Nymagee Project in the Cobar district of NSW.

Aurelia is actively drilling the evolving copper deposit at Nymagee with the potential that the Nymagee mineralisation may evolve into another 'Cobar Giant' similar to the world class CSA copper deposit located approximately 100km north-west along strike.

Aurelia also remains active in the exploration for copper, gold and tin on a number of tenements in the Lachlan Fold Belt of NSW.



Contact:

Aurelia Metals Ltd.
T: +61-2-6363-5200
F: +61-2-6361-4711
E: office@aureliametals.com
www.aureliametals.com
 
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