AuMEGA Metals Finds 'Significant' Gold-in-till Anomalies at Canada Project; Shares Down 7%

MT Newswires Live11-22

AuMEGA Metals' (ASX:AAM) till program at Bunker Hill West in Canada yielded "significant" gold-in-till anomalies, including 148 parts per billion and 94 parts per billion gold, according to a Friday filing with the Australian bourse.

Bunker Hill's gold-in-till anomalism, a large geochemical footprint surrounding historical outcrop samples, correlates with structural complexity revealed from recent airborne magnetic surveys, the filing said.

Meanwhile, the reconnaissance diamond drilling at the Malachite project confirmed the presence of additional gold and copper mineralization in bedrock, according to the filing.

Shares fell past 7% in afternoon trade Friday.

Price (AUD): $0.04, Change: $-0.003, Percent Change: -7.32%

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