Auriga Gold Reports High-Grade Gold Intersections from Nokomis Deposit, Maverick Gold Project, Manitoba, Including Uncut Values Up to 1,830 g/t Over 0.5 m
Press Release: Auriga Gold Corp. – Thu, Mar 1, 2012 2:55 PM EST
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AIA.V 0.31 +0.02
TORONTO, ONTARIO--(Marketwire -03/01/12)- Auriga Gold Corp. (TSX-V: AIA.V - News) ("Auriga Gold" or the "Company") today reports high grade gold intersections from initial drill results from the Nokomis deposit, Maverick Gold Project, Manitoba. Intersections included A4-02 with 7.63 meters grading 9.22 g/t gold (cut to 2 troy ounces/tonne), hole A4-03 with 5.20 m grading 12.27 g/t gold, hole A4-11 with 6.43 m grading 5.10 g/t gold, hole A4-12 with 5.55 m grading 9.55 g/t (cut). Uncut results included an assay of 1,830 g/t over 0.5 m in hole A4-02. The Nokomis deposit is located 7 km northeast of the Company's Puffy lake deposit and 1,000 tpd on-site mill with related infrastructure.
Richard Sutcliffe, Auriga Gold's President and CEO commented, "We are extremely pleased with the initial results of drilling at the Nokomis deposit. We have encountered some spectacular gold grades and wide intervals of mineralization. All of the intersections reported here are at depths of 63 meters or less and will be potentially amenable to open pit mining. The Nokomis deposit displays consistently wider intercepts than the adjacent Puffy Lake deposit and demonstrates the significant potential of the regional gold mineralized structure on the north boundary of the Flin Flon greenstone belt."
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Auriga Gold Corp.
Dr. Richard H. Sutcliffe
President and CEO
416-214-2785
Info@aurigagold.ca
Auriga Gold Corp.
Alison Tullis
Manager, Investor Relations
416-214-2785
atullis@aurigagold.ca
www.aurigagold |
