Auteco boosts Pickle Crow resource by 30% to 2.2M oz gold

Marilyn Scales | February 16, 2022 | 11:24 am News Precious Metals Canada Gold 
The camp at the Pickle Crow gold project in northern Ontario. Credit: Auteco Minerals.

Auteco Minerals (ASX: AUT) has boosted its inferred resource by 514,000 oz. to 8.9 million tonnes at 8.1 g/t, containing 2.2 million oz. of gold at its Pickle Crow gold project 400 km northwest of Thunder Bay, Ont. This is a 30% boost to contained ounces just six months after the previous resource update.

In September 2021, the company upgraded the inferred resource to 6.6 million tonnes grading 8.1 g/t gold, containing 1.71 million oz.

By the end of last year, successful drilling boosted the inferred resource to 8.9 million tonnes grading 2.7 g/t gold, containing 2.23 million oz. gold.

Drill results received in January 2022 include the following:

  • 7.3 metres at 33.3 g/t in hole AUDD0246;
  • 1.5 metres at 35.2 g/t gold in hole AUDD0227;
  • 4 metres at 11.0 g/t gold in hole AUDD0240; and
  • 25.2 metres at 1.3 g/t gold in hole AUDD0228.

Auteco is now ramping up drilling at Pickle Crow o test regional targets. Three drills are turning, and results are expected by mid-year.

More information is available at www.AutecoMinerals.com.

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