Aureus East is a high-grade gold project in Nova Scotia gold which includes a fully permitted 300t/d gravity and flotation plant. Aurelius Minerals is currently in the process of redefining, refining and re-engineering the deposit for potential future extraction. The previous operator completed an initial gold extraction from test milling of a bulk sample in March 2017. A maiden resource estimate was announced in 2022 with an indicated resource of 162.7 Koz at 5.14 g/t gold and an inferred resource estimate of 387.6 Koz at 2.88 g/t gold. A Preliminary Economic Assessment is currently underway on the project.
Interest: 1.0% NSR Royalty
Location: Halifax, Nova Scotia
Project Status: Development
Counterparty: Aurelius Minerals (TSX:AUL)