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Auryx Gold Reported Infill and Exploration Drilling from Otjikoto Project

Auryx Gold has reported the assay results of 37 infill diamond drill (DD) and exploration drilling holes from the present modeled pit’s west and southwest area, located at the Otjikoto gold project, Namibia. These holes along with the former drilled holes outline the West 1 shoot, West A shoot, West B shoot and south expansions towards the west shoots.

Plane view for Otjikoto drilling program

The remaining shoots are situated in-pit, apart from the western shoots’ south expansion. The infill holes are TC holes and exploration holes are OT holes drilled to change the NI 43-101 resource calculation from the inferred categories to indicate categories in certain areas.

The CEO of Auryx has commented that the drill program in-pit drilling is validating the inferred mineralization continuity and has indicated that regions, which were formerly modeled as waste, are mineralized. The possibility of including the in-pit resources has shown that the Otjikoto gold deposit is partially explored. The western shoots’ south expansions are situated under the main magnetite zone (MMZ) and have displayed the prospective for the development of the resource along the strike at Otjikoto.

The company is drilling at the Otjikoto deposit using one reverse circulation (RC) and five DD rigs. It has drilled 8,640 m, totaling 90 RC holes, and 46,700 m, totaling 192 DD holes. The results of 64 RC and 55 DD holes have been reported.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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