Thu Aug 25, 2005
Aurea Mining Announces Drill Results From The First Three Testing Holes On The Aurea Norte Project
Vancouver, BC: Aurea Mining Inc.(TSXV: MXA)("Aurea" or "the Company") is pleased to announce assay results for the first three test drill holes on its Coyote claim located on the Aurea Norte project in the Guerrero Gold Belt (GGB) of Guerrero State, Mexico.
The best result is from Drillhole SL-003, which intersected 16.80m with 1.11g/t/Au.
Highlights of assays received to date include Drillhole SL-001, which intersected 5.90 meters of mineralization from 0.00m to 5.90m downhole, grading 0.42gm/ton gold. Drillhole SL-001 also intersected 3.05 meters grading 0.74 gm/ton gold from 185.45 to 188.50m. SL-002 did not intersect significant mineralization. SL-003 was drilled 85m ESE of SL-001 and, intersected similar mineralization from 22.85m to 60.10m grading 0.61 gm/ton gold over 37.25m. This includes a 16.80 meter interval from 38.1m to 54.9m grading 1.11 gm/ton gold. Details of assay results are tabled below. All three drillholes are located on the San Luis Showing.
| Drillhole |
From (m) |
To(m) |
Interval(m) |
Gold gm/ton |
| |
0 |
5.90 |
5.90 |
0.42 |
| |
185.45 |
88.50 |
3.05 |
0.74 |
| SL-002 |
0 |
257.95 |
257.95 |
No significant assay |
| SL-003 |
22.85 |
60.10 |
37.25 |
0.61 |
| Includes * |
38.10 |
54.90 |
16.80 |
1.11 |
* Includes sample SL0172 - 1.55m with 4.06 g/t Au
Samples are split by Aurea staff with the remaining half core split stored on site. Samples are shipped to ALS Chemex in Guadalajara, Mexico for sample preparation. ALS Chemex sends the sample pulps to ALS Chemex in Vancouver, BC for analysis and rejects are returned to Aurea for storage. Samples were assayed using conventional ICP analysis with an aqua regia digestion process. A 30 gram fire assay with gravimetric finish was run on all samples for gold and silver.
To view maps associated with this press release and additional information, please visit this link. Ken Thorsen has reviewed the contents of this press release. He is the qualified person for Aurea Mining Inc under NI 43-101.
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Aurea Mining Inc. is focused on mineral exploration in the Guerrero Gold Belt of Guerrero State, México. The company controls 100% of approximately 80,000 hectares of contiguous mineral claims in this emerging gold belt.
On behalf of the Board of Directors
Per:
"Gillian Kearvell"
____________________________
Gillian Kearvell
Vice President Corporate Development
E: gkearvell@aureamining.com
T: 604.484.9849 direct
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
This discussion includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, Exploration activities and events or developments that the Company expects are forward looking statements. Although the Company believes the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business condition.
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