Aeris Resources Says Diamond Drilling At Queensland Deposit Returns Gold Intersections, Shares Rise 5%

MT Newswires Live

02/09

Aeris Resources (ASX:AIS) said gold intersections returned from the first two diamond drill holes of the planned 30-hole program, at the Golden Plateau deposit, part of the Cracow tenement package in Queensland, according to a Monday Australian bourse filing.

It encountered intercepts of five meters at 12.7 grade of gold from 45.6 meters, as well as 19.3 meters at 0.9 g/t grade of gold from 188 meters.

Two surface drill rigs are currently on site, undertaking a 6,400-meter diamond drill program.

Its shares rose 5% in early trading on Monday.

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