Auriginal Mobilizes Second Drill Rig to Roger and Plans $2.0 Million Phase 2 Definition Drill Program for Completion by Year-End
Auriginal Mobilizes Second Drill Rig to Roger
and Plans $2.0 Million Phase 2 Definition Drill
Program for Completion by Year-End
Highlights:
An additional $2.0 million, 6,000-m definition drilling program has been budgeted for late summer
or fall. Planning for the expanded program will commence upon completion of the Phase 1
program and receipt of the remaining assay results.
Drilling to date has shown good depth and strike continuity of the Roger porphyry Cu-Au system as
well as extensions to the interpreted VMS horizon.
A second drill has been mobilized to the property to fast track the current program and to test the
SW continuation of the Roger porphyry Cu-Au resource above the 500 m vertical level and to test
the continuity of the VMS horizon.
Strong assays of
1.55 g/t Au, 41.2 g/t Ag, 0.18% Cu over 4.2 m
and
1.64 g/t Au, 11.7 g/t Ag,
0.29% Cu and 0.11 % Zn over 4.0 m
were returned from the VMS intersections so far.
Multiple gold intersections have so far been returned from the porphyry zone, the best of which
returned
4.01 g/t Au over 2.8 m including 5.39 g/t over 1.5 m,
32.6 g/t Au over 1.2 m
and
12.2
g/t over 1.1 m
.
Toronto, Ontario--(Newsfile Corp. - July 16, 2026) -
Auriginal Mining Corp. (TSXV: AUME)
("
Auriginal
" or the "
Company
") is pleased to report that a second drill has been mobilized to the Roger
project to fast track our Phase 1 drill program and prepare for definition drilling of the newly expanded
porphyry Cu-Au mineralized system and to better define VMS mineralization intersected to date.
Planning for the $2.0 million, Phase 2 program will commence upon receipt of all assay results from the
current program and is anticipated to start in late summer or early fall.
"Drilling to date has supported our view of an expanded porphyry Cu-Au resource at Roger below the
deepest historical drilling on the property and has confirmed the presence of an overlying gold-rich VMS
horizon," said Peter Cashin, Auriginal's CEO. "Our work has shown good porphyry-style mineralization
characteristic of the historical Cu-Au resource in all holes, which remains open below and to the
southwest of the previous limits of Roger zone. Given success of our Phase 1 drilling at Roger, an
additional $2.0 million has been allocated to undertake definition drilling to expand the historical
resource on the property to the Inferred category. In addition, we intend to reassess the historical
resource estimate published in 2018 in consideration of the significant increases we have seen in
commodity prices. The expanded Phase 2 program will start later this summer or early fall upon receipt
and compilation all data from this summer's work. The Auriginal Team firmly believes that the best part of
the Roger story is yet to come."
Figure 1 - Outline of the Phase 2 Drilling Program Plans, Looking South
Drill Program Rationale and Results
The Roger deposit has long been viewed as a porphyry-style Au-Cu system. Auriginal's reinterpretation,
based on relogging, resampling, geochemistry, and age dating, suggested that the historical gold-
copper deposit sits below an overlying gold-rich VMS system - an interpretation the current drill program
has now confirmed. To date, drilling has also confirmed continuity of the Roger porphyry along strike to
the southwest by at least 750 m and down to a vertical depth of 525 m.
Summary of best assay results from drilling received to date:
Hole #
From (m)
To (m)
Length (m)
Au (g/t)
Ag
(g/t)
Cu (%)
Zn (%)
AUR-26-01
52.5
53.8
1.5
1.13
---
---
---
209.7
211.2
1.5
7.24
---
---
---
291.8
292.5
0.7
2.37
---
---
---
342.0
342.5
0.5
2.57
---
---
---
351.1
352.6
1.5
1.42
---
---
---
460.5
462.0
1,5
1.35
---
---
---
AUR-26-02
109.6
114.0
4.4
2.00
---
---
---
incl.
111.0
112.5
1.5
5.08
---
---
---
162.0
169.5
7.5
1.37
---
---
---
incl.
162.0
163.5
1.5
4.78
---
---
---
325.5
327.0
1.5
1.73
---
---
---
349.5
351.0
1.5
1.43
---
---
---
481.4
484.5
3.1
1.63
---
0.09
---
AUR-26-03
180.0
181.5
1.5
2.03
---
0.09
---
incl.
253.0
255.0
2.0
1.88
---
---
---
Incl.
254.0
255.0
1.0
3.46
0.8
---
---
256.5
274.4
18.0
---
---
0.11
---
Incl.
259.5
268.5
9.0
---
---
0.13
---
362.5
363.0
0.5
1.54
---
0.14
---
367.5
369.0
1.5
1.29
---
---
---
627.0
631.2
4.2
1.55
41.2
0.18
---
Incl.
629.9
631.2
1.5
2.27
83.9
0.47
0.07
669.3
673.3
4.0
1.64
11.7
0.29
0.11
Incl.
669.3
670.8
1.5
3.07
19.2
0.29
0.12
665.8
673.3
7.5
---
---
---
0.104
AUR-26-04A
294.0
306.0
12.0
1.18
---
0.09
---
incl
298.5
301.5
3.0
2.11
---
---
---
546.2
547.2
1.0
1.26
---
---
---
553.7
556.5
2.8
4.01
---
---
---
incl
555.0
556.5
1.5
5.39
---
---
---
584.6
585.8
1.2
32.6
---
---
---
AUR-26-05
210.5
216.1
5.6
1.11
---
---
---
Incl.
210.5
212.0
1.5
2.08
---
---
---
222.0
234.0
12.0
1.65
---
---
---
Incl.
222.0
223.0
1.0
2.08
---
---
---
Incl.
224.0
225.1
1.1
12.2
---
---
---
Incl.
228.0
229.5
1.5
1.47
---
---
---
Remaining assays for Hole AUR-26-05 are pending
A continuous, sulphide-bearing marker horizon had previously been defined for at least 1.5 km, hosted in
altered felsic to intermediate volcanic rocks typical of VMS environments. Geochemical and geological
signatures show strong similarities to Agnico Eagle's LaRonde 20N massive sulphide deposit,
reinforcing the potential for a second, high-grade base-metal deposit at above and to the south of the
Roger Cu-Au zone. Digital modeling of the Roger Zone shows the historical resource to be open at
depth and along strike and has, thus far, been confirmed by the drilling program.
Expanded Phase 2 Definition Drilling Program
The Company intends to update the historical mineral resource estimate on the Roger Zone to reflect the
significantly higher commodity prices since the 2018 estimate and to incorporate the depth and strike
extensions of the porphyry zone defined by 2026 drilling (
see
Figure 1
). At the same time, Auriginal will
continue to test for further economic zones and vector towards the core of the VMS system. Once the
current program is complete and all results have been compiled and integrated, the Company will return
to Roger later this summer or fall with a fully funded follow-up program backed by an additional $2.0
million in budget.
About Auriginal Mining Corp.
Auriginal is a Quebec-focused copper and gold company with one of the province's largest and most
diversified exploration portfolios. Its 100%-owned flagship Roger Project, located in the Chibougamau
district, hosts a known gold-copper deposit with strong potential to host volcanic-hosted polymetallic
massive sulphide deposits. With a diversified pipeline of greenfield projects across Quebec's best-
known mining regions and backed by the Ore Group's proven exploration and capital markets team
Auriginal has a clear focus on discovery and growth for copper, zinc and gold. The company is well-
positioned to immediately execute an aggressive exploration and acquisition strategy and attract
broader market attention. Further details on Auriginal are available on the company website at
https://auriginal.ca/
.
Qualified Person Statement
The technical information contained in this news release has been reviewed and approved by André
Liboiron, géo.(617), an Independent Consultant to Auriginal Mining Corp. and a Qualified Person as
defined in "NI
43-101".
For further information, please contact:
Peter Cashin, P.Geo
Chief Executive Officer
Tel:
416-644-1567 Ext. #9
www.auriginal.ca
Cautionary Statement
Certain information set forth in this news release contains forward-looking statements or information
("forward-looking statements)", including details about the business of Auriginal Mining. All
statements in this news release, other than statements of historical facts, that address events or
developments that Auriginal Mining expects to occur, are forward-looking statements. By their nature,
forward-looking statements are subject to numerous risks and uncertainties, some of which are
beyond the Auriginal Mining's control, including the impact of general economic conditions, industry
conditions, volatility of commodity prices, currency fluctuations, environmental risks, operational risks,
competition from other industry participants, stock market volatility. Although the Company believes
that the expectations in its forward-looking statements are reasonable, its forward-looking statements
have been based on factors and assumptions concerning future events which may prove to be
inaccurate. Those factors and assumptions are based upon currently available information. Such
statements are subject to known and unknown risks, uncertainties and other factors that could
influence actual results or events and cause actual results or events to differ materially from those
stated, anticipated or implied in the forward-looking statements. Accordingly, readers are cautioned
not to place undue reliance on the forward-looking statements, as no assurance can be provided as to
future results, levels of activity or achievements. Risks, uncertainties, material assumptions and other
factors that could affect actual results are discussed in Auriginal Mining's public disclosure
documents available at
www.sedarplus.ca
. Furthermore, the forward-looking statements contained in
this document are made as of the date of this document and, except as required by applicable law,
Auriginal Mining does not undertake any obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information, future events or otherwise. The
forward-looking statements contained in this document are expressly qualified by this cautionary
statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/305261