Key HighlightsProspecting and mapping currently underway at the Hermitage Gold and Antimony Project.This recent prospecting work has identified several large areas of hydrothermal alteration that host
Edmonton, Alberta-- - AuMEGA Metals Ltd is pleased to provide an update on its high-grade Hermitage gold and antimony project. The Hermitage project is located on the Hermitage Flexure, the second largest known gold structure in Newfoundland and the site of the largest antimony lake sediment anomaly in the province."Hermitage is one of several projects we have in our portfolio and among our top ranked exploration projects due to its structural and geological architecture.
The antimony-arsenic-gold association of Hermitage is analogous to other notable turbidite hosted gold deposits, such as Fosterville in Victoria and Newfound Gold's Queensway project on the same geological structure northeast of Hermitage.The Company's Hermitage property consists of 27 kilometres of continuous strike along the large crustal scale suture zone between the Dunnage and Gander zones, known as the Hermitage Flexure.
During the 2023 prospecting campaign at Hermitage, the Company discovered a second significant gold occurrence in outcrop, seven kilometres northwest from the 2022's high-grade discovery. Peak gold in bedrock at this new showing was 2.15 g/t gold, with additional bedrock samples grading 1.39 g/t gold, 0.72 g/t gold and 0.43 g/t gold over 30 metres of strike5. Additionally, highly anomalous arsenic samples were identified proximal to this gold showing, with a peak value of 3.
Tremendous gold prospectivity being enhanced on the Hermitage property with gold mineralisation in bedrock identified in two separate showings, proximal to the North Limb Fault seven kilometres apart along strike. This bedrock gold mineralisation is also hosted in two distinct geological units opening up prospectivity on both the hangingwall and footwall of this major structure.
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