Aureka (ASX:AKA) has hit visible gold at the Walkers pit within its Comstock Project, the area earmarked for possible first production.
Managing Director James Gurry says the latest drilling is testing historical ‘high-grade’ mineralisation as Aureka works to bring Comstock towards a low-capital start-up.
- Visible gold: Spotted in fresh drill core at Walkers
- First production target: Comstock remains the priority
- Toll milling: A binding agreement is in place with the Wedderburn Gold Processing Mill
- Existing resource: Comstock hosts an inferred JORC mineral resource of about 56,000 ounces of gold
- Next catalyst: Assays from the visible gold are on the way
Visible gold is nice.
Assays get the final say.
About the guest and company:
James Gurry is the managing director of Aureka, an Australian gold explorer and developer focused on projects across Victoria. Its portfolio includes the Irvine Gold Project and the St Arnaud Comstock Gold and Silver Project, with Comstock being assessed as the company’s first production project.
Disclosure: Mining.com.au may hold shares in Aureka.
🎥 Watch the full interview to see how Comstock is moving towards possible production.
