Drill rig on site.
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  • Aurwest (AWR) commences drilling at Paradise Lake Gold Property, Central Newfoundland
  • The drilling program will focus on the Twin Ponds-Paradise Lake area where 2021 exploration located a 5kms long northeast trending positive chargeability anomaly
  • Within this northeast trending area, surface exploration located numerous areas of quartz vein/breccias in outcrop/subcrop
  • These areas also host pyrite-arsenopyrite bearing Botwood sediments interpreted to be the surface expression of late-stage re-activated faults
  • Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of gold properties in Canada
  • Aurwest Resources Corporation (AWR) is down 4.17 per cent, trading at C$0.12 at 12:50 pm EST

Aurwest Resources Corporation (AWR) has commenced its Phase 1 Р3,000-meter drill program at the Paradise Lake gold project in Central Newfoundland.

The first drill hole, located near Twin Pond, approximately 21 km south of Grand Falls, is targeting a high-priority gold anomaly from the recently completed IP survey.

Colin Christensen, President & CEO of Aurwest commented on the program.

“The drilling will target an area exhibiting post-Botwood intrusive activity, positive chargeability signatures and silicified areas with gold-pyrite mineralization on the surface.

“The combination of these features represents priority drillings targets to test the down-dip extensions of interpreted leakage halos originating from the Lawrenceton volcanics below the Botwood sediments,” added Christensen.

The initial drilling program will focus on the Twin Ponds-Paradise Lake area where 2021 exploration located a 5kms long northeast trending positive chargeability anomaly; several late-stage intrusives; and a magnetic low along with an interpreted basement structure.

Within this northeast trending area, surface exploration located numerous areas of quartz vein/breccias in outcrop/subcrop that returned up to 14.2 g/t gold.

These areas also host pyrite-arsenopyrite bearing Botwood sediments interpreted to be the surface expression of late-stage re-activated faults along which hydrothermal fluids carrying gold and silica emanated upwards from the underlying Lawrenceton volcanics.

Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of gold properties in Canada.

It currently has three option agreements to earn a 100 per cent interest in Paradise Lake and Stony Caldera projects covering a 47,800-hectare (478 sq km) package of gold exploration licenses within the emerging Central Newfoundland gold district.

Aurwest also currently holds a 100 per cent interest in the 28,294-hectare Stellar/Stars porphyry copper project, located approximately 25 kilometres southwest of Houston, British Columbia.

Aurwest Resources Corporation (AWR) is down 4.17 per cent, trading at C$0.12 at 12:50 pm EST.

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