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Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) is a mineral exploration and development company based in Vancouver, British Columbia. With a strategic focus on uncovering high-grade uranium and gold deposits, Aero Energy operates across proven mineral districts in Chile and Canada.
The company has made significant strides in exploring and developing large-scale mineral systems. Aero Energy owns a 100% interest in several highly prospective gold projects in Chile, including the Dorado Project, which is known for its major porphyry-gold system. Recent drilling at Dorado has returned promising results, adding substantial value to the project and indicating potential for further expansion.
In Canada, Aero Energy concentrates on the prolific Uranium City district within Saskatchewan's Athabasca Basin. The company has secured options on three drill-ready uranium projects - Sun Dog, Murmac, and Strike - totaling 250,000 acres. These projects are strategically positioned to tap into the region's emerging potential for high-grade, unconformity-style mineralization. Aero Energy's exploration efforts are supported by modern techniques, robust geological data, and strategic partnerships with experienced operators like Fortune Bay Corp. and Standard Uranium Ltd.
The company's recent rebranding and name change from Angold Resources Ltd. to Aero Energy Limited reflects its expanded focus on both gold and uranium exploration. Aero Energy's mission is to advance its projects through systematic exploration, leveraging advanced geophysical surveys, and targeted drilling to identify and develop significant mineral deposits.
With a strong management team, clear strategic vision, and a commitment to responsible exploration, Aero Energy Ltd. is positioned to become a leading player in the mineral exploration sector. Stay updated with Aero Energy's latest developments, drilling results, and strategic initiatives by following their official communications and updates.
Angold Resources Ltd. (OTCQB: AAUGF) announced significant assay results from its Lajitas area at the Dorado project in Chile. The results confirm gold mineralization in all drill holes, with highlights including 301 m at 0.71 g/t Au and high-grade intercepts over 1 g/t Au. The mineralization has been confirmed over a vertical extent of at least 450 m, indicating strong potential for further expansion. Angold plans additional drilling later in 2021, particularly targeting the newly identified Lajitas South area with initial surface grades up to 0.63 g/t Au.
Angold Resources Ltd. (OTCQB: AAUGF) announced promising assay results from five drill holes at the Lajitas area of its Dorado project in Chile's Maricunga belt. Highlights include:
- 248 m at 0.75 g/t Au from hole DO-21-03.
- 30 m at 1.24 g/t Au from hole DO-21-02.
- 84 m at 0.40 g/t Au from hole DO-21-04.
The results extend mineralization by 80 m, confirming a vertical extent of over 400 m. Further drilling is planned for 2021, testing new targets and expanding known mineralization zones.
Angold Resources Ltd. (OTCQB: AAUGF) announced promising results from its Lajitas South exploration program in Chile, located 1 km from the historic resource area. Key highlights include new surface mineralization with gold grades up to 0.63 g/t Au and a significant hydrothermal system covering about 1.2 x 2.2 km. The exploration indicates the potential for a higher-grade gold porphyry and epithermal system at depth. Continuous drilling at the main site is ongoing, with results pending for four holes.
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