Federation exploration update
On 5 March, we were excited to share significant results from exploration programs at our Federation deposit.
In the north offset (Federation West), technical concept drilling to assess orebody offset potential due to strike discontinuity intersected significant massive sulphide mineralisation approximately 140 metres north of the strike of the main deposit.
Technical concept drilling below the main thrust in Federation East also intersected thick intervals of high-grade mineralisation. The drilling demonstrates the potential for mineralised depth extensions of the high-grade eastern lens below the Main Thrust.
Our Chief Development and Technical Officer, Andrew Graham noted the discoveries have further substantiated Aurelia’s belief in the significant lateral and depth growth potential at the Federation deposit as we approach first stope ore in Q1 FY25.
“The massive sulphides seen in the North Offset drilling are exciting and suggest that further lenses remain undiscovered at Federation. The drill results from below the Main Thrust point to depth continuity below this structure and provide significant targets for future extension,” Andrew said.
“What is most exciting however, is that our deeply experienced Exploration Team are continuing to employ a leading edge science-based approach to discovery with great success,” Andrew concluded.
Follow the below link to read the full ASX Announcement: Significant strike offset and depth extension potential identified at Federation.