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Company News Summary

Aurelia Metals Completes Scoping Study on Federation Project

08 Apr 2021  |  08:54:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Federation project proceeds to Feasibility Study

Aurelia Metals advised of the completion of a Scoping Study on its Federation Project, located 10km south of the Company's Hera Mine in the Cobar Basin, NSW. Mine planning activities informed by data available at October 2020 comprising the maiden Mineral Resource Estimate (MRE) and an extra 12,500m of drilling. Deposit remains open in multiple directions with an intensive drilling program to continue through 2021. Further substantial resource growth and confidence targeted with clear project extension potential. Proposed exploration decline allows infill and extensional drilling from underground platforms and extraction of a 20kt bulk sample for metallurgical evaluation (pending permitting).

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