Aurelia Metals Limited Reports Breakthrough High‐Grade Drill Intersections at Federation West & Nymagee, Paving Way for Major Resource Expansion
Wednesday, June 18, 2025
at
8:22 am
Aurelia Metals Limited reported impressive drill results at its Federation West area and Nymagee deposit. High-grade intersections and promising copper, lead-zinc, and silver grades hint at multiple valuable lenses, strengthening future resource estimates and growth prospects for the company.
Aurelia Metals Limited announced significant progress across its key exploration projects at Federation West and the Nymagee deposit, highlighting results that could bolster the company’s resource base and mining prospects. The update details new drilling intersections and geophysical findings that underline the potential for multiple high-grade mineralised lenses within the Federation West area and reinforce the current resource estimates at Nymagee.
In the Federation West area, drilling has confirmed the down-dip extension of the mineralised lens. Notably, drillhole FDD222 returned an intersection of 3.0 meters (with an estimated true width of 1.7 meters) grading 25.3% zinc, 11.0% lead, 0.2% copper, along with traces of gold and significant silver. Within this interval, a one-meter section registered even higher grades, with 37.9% zinc and 16.0% lead. These impressive figures not only validate earlier visual estimates but also suggest that multiple high-grade lenses could be present near the planned mining operations.
The Nymagee deposit received similar attention in the update, with the Stage 2 resource expansion drill program yielding encouraging results. Drillhole NMD106, for instance, intersected 5.2 meters (3.8 meters estimated true width) at 3.0% copper with 5 grams per tonne silver, along with other notable intervals showing high zinc and lead values. A follow-up Downhole Electromagnetic (DHEM) survey further identified additional areas of prospectivity, indicating that further high-grade lenses could be developing at depth. These results are set to be incorporated into the 2025 Mineral Resource estimation process as exploration continues.
Andrew Graham, the company’s Chief Development and Technical Officer, emphasized that the assay results from Federation West are exceptional and indicate that the mineralisation may be hosted in multiple lenses, potentially increasing the future yield from the deposit. Similarly, exploration at Nymagee has confirmed not only the extension of known zones but also unveiled new targets that will be addressed through additional drilling early in fiscal year 2026.
The technical data and encouraging assay results point to a bullish outlook for Aurelia Metals Limited, as the discovery of separate high-grade lenses and the positive geophysical signals hint at significant upside potential. Investors may see this as a strong indicator that the company’s exploration strategy is uncovering valuable mineralisation, which could enhance future production and profitability. However, there is also a note of caution; the full extent of the identified zones still requires further drilling and confirmation, meaning that while the results are promising, the inherent risks associated with exploration remain.
Overall, the announcement paints a positive picture of progress in both key projects and suggests that continued exploration efforts could unlock further value for the company over time.