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Aurizon Mines Ltd

Publié le 04 avril 2012

Aurizon Announces Results from the 2011 Exploration Program at Rex South

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Aurizon Announces Results from the 2011 Exploration Program at Rex South

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 4, 2012) - Aurizon Mines Ltd. (TSX:ARZ)(NYSE Amex:AZK) is pleased to announce results from the 2011 exploration program on the Rex South property in Nunavik, Northern Quebec. The program was successful in expanding the polymetallic discoveries of the Augossan trend.

The Rex South property provides evidence of an extensive intrusion-related porphyry/greisen-type polymetallic mineralized system (Au-Ag-Cu-W-Sn-Bi) as well as Iron Oxide Copper Gold mineralization. The property is part of a 330 kilometre long emerging polymetallic region largely controlled by Azimut Exploration Inc. ("Azimut").

2011 Drill Program

A total of $4.5 million was invested in a four-month program funded and operated by Aurizon under the terms of an option agreement with Azimut announced on May 26, 2010, and comprised the following:

--  2,530 rock grab samples;
--  145.35 m of channel sampling: 16 channels and 149 samples;
--  53 drill holes totalling 4,934 metres and 3,171 drill samples: 4,467
    metres of standard rotary percussion drilling ("rotary") and 466 metres
    of reverse circulation drilling ("RC");
--  Ground geophysics, including 53.9 line-kilometres of induced
    polarization and 149.5 kilometres of a magnetic survey covering the
    Augossan and Anorthosite zones; and
--  257 lake-bottom sediment infill samples to further define targets on the

Augossan Zone (7 kilometre Trend)

The best results obtained on the Augossan trend come from two holes (RS-22-23 and 28), which are 400 metres spaced. They both returned mineralized intervals in the range of 1 gram per tonne gold over 5 to 9 metres. The mineralization style found from drilling and surface exploration and their location suggests the presence of a gold enrichment trend offsetting the main Augossan polymetallic target. New prospecting results have confirmed the continuity of this new gold bearing structure over a kilometric strike length.

Following the identification of a large target for Gold-Copper-Silver-Tungsten-Tin mineralization in 2010 along the Augossan trend, a rotary and RC (reverse-circulation) drilling program was completed in 2011. A total of 4,333 metres in 46 shallow holes (141.7 metres maximum) was drilled on 400 metre-spaced sections covering a 5.3 kilometre strike length of induced polarisation anomalies on the Augossan zone.

All of the holes were positioned to intercept a strong IP anomaly with a width of 50 to 300 metres and an interpreted strike-length of 5 kilometres which had been previously identified by prospecting (see Aurizon press releases dated November 8, 2010 and February 15, 2011).

The Augossan Zone appears as a very large polymetallic envelope at the contact between a granitic intrusion (the Qalluviartuuq Intrusive Complex; "QIC") and volcano-sedimentary host rocks. Gold is associated with other commodities such as copper (Cu), tungsten (W) and tin (Sn), bismuth (Bi), tantalum (Ta), beryllium (Be), rubidium (Rb), molybdenum (Mo), rhenium (Re), tellurium (Te) and lithium (Li). The Augossan Zone remains open in all directions. Significant drilling will be required to establish continuity in terms of grades and geometry for the most prospective areas within this envelope.

The table below includes the best drill intersections:

True widths are estimated to be approximately 75% - 100% of core length.

                       From      To  Length      Au      Cu       W      Bi
Hole no      Section     (m)     (m)     (m)   (g/t)     (%)     (%)   (ppm)
RS-11-17       5400E  27.43   38.10   10.67            0.13
RS-11-20       5000E  19.81   27.43    7.62    0.70
RS-11-23       4600E  33.53   42.67    9.14    1.10
RS-11-28       4200E  22.86   28.96    6.10    1.10    0.12
RS-11-29       4200E  42.67   51.81    9.14             0.1
RS-11-33       3800E  80.16   84.73    4.57                     0.2
RS-11-40       3000E   6.10   21.34   15.24                    0.21
  Including           13.72   21.34    7.62            0.35    0.13     893

The table below includes the best channel sample intersections:

Channels are cut at 90 degrees from apparent mineralization orientation.

                                 Length       Au       Cu        W       Ta
Channel no              Section      (m)    (g/t)      (%)      (%)    (ppm)
CH-11-04                  6800E     1.0                       3.11
CH-11-05                  6800E     1.0                       3.15
CH-11-04, CH-11-05        6800E    10.0                                 225
CH-11-16B, CH-11-16C       200E     3.4     5.76     0.14

Other Exploration Targets

The exploration program's main highlight is the identification of new mineralized occurrences extending along the 20 kilometre long Qualluviartuq corridor (see sketch attached), a major regional crustal structure oriented NW-SE. A total of 37 new gold-only or gold-copper occurrences were discovered, ranging from 1.0 to 20.6 grams per tonne gold in 2,530 grab samples. Copper anomalies were identified in 54 occurrences with grades ranging between 0.5% and 9.2% Cu. Polymetallic occurrences include silver values of up to 121 g/t Ag, and strategic elements such as 1.9% tungsten, and up to 0.34% tin. The average spacing between each sample varies between 50 and 200 metres. Only gold and copper results are presented.

The table below is an overview by sector of the prospecting results from grab samples:

                Number of
              occurrences                            Known Mineralization
Area           discovered         Grade range    extension style
Aura                    6  1.1 to 11.8 g/t Au 2 kilometres Quartz-tourmaline
                                                           vein system with
Augossan(new           10   1.0 to 5.5 g/t Au   650 metres Garnet-biotite
 gold target)                0.10 to 0.74% Cu              schist with
                                                           arsenopyrite and
Le Breuil               7  1.1 to 20.6 g/t Au      Unknown Tourmaline-
                                                           altered and
                                                           intrusions and
                                                           host rocks.
Anorthosite             6   1.3 to 3.7 g/t Au 4 kilometres Disseminated
                             0.54 to 1.75% Cu              sulphides in
Copperton               6   1.0 to 7.9 g/t Au 3 kilometres Sulphides
                             0.55 to 9.28% Cu              stringers in
                                                           deformation zone.
Jemima                 11    1.06 to 2.86% Cu 2 kilometres Silicification
                                                           with magnetite-
                                                           filled stockwerks
                                                           and breccias.

Anorthosite - Copperton Trend (11 kilometre known extension)

The Anorthosite Zone is located on the western side of the Qualluviartuq intrusive complex. A few reconnaissance holes and prospecting data have outlined, in a preliminary manner, a 4-kilometre-long by 200-metre-wide mineralized envelope with Au, Ag, Cu, W and Te mineralization including 1.42 grams per tonne gold over 1.52 metres and 0.17% Cu over 3.05 metres. The best grab sample assays returned values up to 3.7 gold grams per tonne and 1.75% copper. (See sketch attached).

The Copperton Zone, located about 5 kilometres southeast of the Anorthosite Zone along the same structure, is hosted by sheared intrusive rocks with disseminated chalcopyrite, native copper and pyrite mineralization. Grab sample assays include:

--  7.87 g/t Au, 82.7 g/t Ag, 9.28% Cu, 38.4 g/t Te
--  3.0 g/t Au, 12.0 g/t Ag, 2.72% Cu, 3.2 g/t Te
--  2.32 g/t Au, 5.7 g/t Ag, 1.17% Cu, 1.48 g/t Te
--  2.47 g/t Au, 5.2 g/t Ag, 0.67% Cu, 2.16 g/t Te
--  1.0 g/t Au, 0.55% Cu
--  2.19% Cu, 1.35 g/t Te

Aura-Pegor Trend (2 kilometre known extension)

The Aura-Pegor trend is characterized by disseminated pyrite and strong alteration, including tourmaline in veinlets or stockworks accompanied by silica and albite. Grab sample assays include 15 samples with grades ranging from 0.5 g/t Au to 11.75 g/t Au. In addition, this trend presents anomalous values in copper (up to 0.37% Cu), tungsten (0.06% W), bismuth (up to 0.14% Bi) and tellurium (up to 34 g/t Te).

Le Breuil Trend(2 kilometre known extension)

On the Le Breuil trend, located approximately 10 kilometres SE of Augossan, seven mineralized occurrences returned grab samples above 1 gram per tonne, including the best result of 20.6 grams per tonne gold. Similar to the Aura-Pegor trend, mineralization is closely related to a network of quartz veins and veinlets developed in conjunction with tourmalinization of a felsic intrusive host rock. Tellurium (up to 78.2 ppm) and bismuth (up to 732 ppm) are systematically associated with gold bearing samples.

Jemima Trend(2 kilometre known extension)

The Jemima trend forms a 30 to 100 metre wide mineralized corridor characterized by disseminated to semi-massive chalcopyrite and bornite associated with hematite-magnetite in veins, veinlets or as breccia cement, accompanied by strong pervasive potassic alterations, silica, chlorite and epidote. Mineralization and associated alterations are related to a brittle structure. Fifteen grab samples had grades ranging from 0.5% to 2.86% copper, up to 0.17% molybdenum and up to 0.422 g/t rhenium.


The success of both the 2010 and 2011 exploration programs on Rex South confirms the excellent discovery potential of the property. The exploration programs have indicated that the gold and polymetallic mineralized system is located around the 15 kilometre x 5 kilometre ovoid-shaped Qalluviartuuq Intrusive Complex. The mineralized areas (Augossan, Anorthosite-Copperton, Aura-Pegor and LeBreuil trends) are part of a considerable hydrothermal system and additional exploration potential existing along the 30 kilometre long contact between the intrusion and the volcano-sedimentary host rocks.

Future exploration will concentrate on mapping and channel-sampling the best mineralized areas across the corridor in order to evaluate their size, continuity and grade potential and to define their geological controls. This program will focus on the Augossan, Anorthosite, Copperton, Aura, Le Breuil and Jemima areas and will represent the stepping-stone to prioritize targets for future drilling programs.

Technical information and Quality Control

The operational protocol for drilling and sampling was as follows:

--  Bedrock was sampled using a heliportable standard rotary percussion
    drilling rig, working in conventional (rotary) and RC modes.
--  For both drilling modes, the hole diameter was 88.9 mm (3.5 in) and rock
    chip samples were continuously collected every 1.52 m (5 ft), following
    a sampling protocol specifically designed for this drilling campaign,
    including a QA/QC program.
--  In order to minimize the risk of contamination, the operators followed
    closely-monitored rock-chip sampling instructions, including the
    installation of a steel casing in the bedrock to prevent physical
    contact between overburden and rock-chips, hole cleaning using
    compressed air between each 1.52-m drill-run (5-ft rods), and the
    interruption of drilling in the case of hole flooding.
--  Certified reference material, blanks and field duplicates were inserted
    in all drill sample shipments to the laboratory as part of a strict
    QA/QC program. Samples at the exploration site were weighed and split in
    accordance with standard practices for RC and rotary drilling.
--  All rock and drill samples were assayed by ALS Minerals in Val-d'Or,
    Quebec, using fire assay for gold and an ICP method for multi-elemental

This press release was prepared under the supervision ofMartin Demers, P.Geo., General Manager of Exploration, a Qualified Person as defined by National Instrument 43-101, who has also verified the data disclosed including sampling, analytical and test data.

Additional information

The Rex South property is located approximately 145 kilometres southeast of the Hudson Bay shoreline and the community of Puvirnituq. The property is 58 kilometres long by 20 kilometres wide in a NW-SE direction. It comprises 2,162 claims covering a surface area of 943 kilometres squared. Aurizon can acquire an initial 50% interest in the project by incurring $5.0 million in exploration work over a five (5)-year period, including a minimum of 5,000 metres drilling, along with further cash payments totalling $300,000 within the next three years. An additional 15% interest may also be earned upon delivery of a bankable feasibility study (see press release dated May 26, 2010).

Please visit the following links for further information on the Rex South Property:



About Aurizon

Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec, one of the world's most favourable mining jurisdictions and prolific gold and base metal regions, and by increasing its asset base through accretive transactions. Aurizon shares trade on the Toronto Stock Exchange under the symbol "ARZ" and on the NYSE Amex under the symbol "AZK". Additional information on Aurizon and its properties is available on Aurizon's website at www.aurizon.com.

U.S. Registration (File 001-31893)

Forward-Looking Statements and Information

This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities regulations in Canada and the United States (collectively, "forward-looking information"). The forward-looking information contained in this news release is made as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information. Forward-looking information includes, but is not limited to, statements with respect to and the effects thereof, the timing and amount of estimated exploration expenditures, plans and budgets for and expected timing and results of future exploration work on the Rex South property. Forward-looking information contained in this news release is based on certain assumptions that the Company believes are reasonable. However, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information.

Such factors include, among others, the risk that actual results of exploration activities will be different than anticipated, that required supplies, equipment or personnel will not be available or will not be available on a timely basis or that the cost of labour, equipment or supplies will increase more than expected, that the future price of metals will decline, that the Canadian dollar will strengthen against the U.S. dollar, that actual costs or actual results of reclamation activities are greater than expected; that changes in project parameters as plans continue to be refined may result in increased costs, of accidents, labour disputes and other risks generally associated with exploration, unanticipated delays in obtaining governmental approvals or financing or in the completion of exploration activities, as well as those factors and other risks more fully described in Aurizon's Annual Information Form filed with the securities commission of all of the provinces and territories of Canada and in Aurizon's Annual Report on Form 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof.

        Aurizon Mines Ltd.
        George Paspalas
        President & CEO
        Aurizon Mines Ltd.
        Martin Bergeron
        Vice President Operations
        Aurizon Mines Ltd.
        Investor Relations
        Aurizon Mines Ltd.
        604-687-6600 or Toll Free: 1-800-411-GOLD (4653)
        Fax: 604-687-3932(FAX)
Source: Aurizon Mines Ltd.


Aurizon Mines Ltd

ISIN : CA05155P1062
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Aurizon Mines est une société de production minière d'or basée au Canada.

Aurizon Mines détient divers projets d'exploration au Canada.

Son principal projet en production est CASA BERARDI au Canada, son principal projet en développement est JOANNA au Canada et ses principaux projets en exploration sont DUVERNY, PATRIS, OPINACA, REX SOUTH, MARBAN MINE, KIPAWA, FAYOLLE et JOANNES au Canada.

Aurizon Mines est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 27,5 millions CA$ (21,1 millions US$, 18,3 millions €).

La valeur de son action a atteint son plus bas niveau récent le 31 décembre 2001 à 0,21 CA$, et son plus haut niveau récent le 16 septembre 2016 à 8,75 CA$.

Aurizon Mines possède 63 960 000 actions en circulation.

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Rapports annuels de Aurizon Mines Ltd
2008 Annual Report
2007 Annual Report
2005 Annual report
Financements de Aurizon Mines Ltd
Attributions d'options de Aurizon Mines Ltd
15/08/2011Grant of 600,000 options at 6,38
Nominations de Aurizon Mines Ltd
18/01/2013Aurizon Appoints a Special Committee to Evaluate Offer
26/08/2011Announces Vice President, Corporate Development Resignation
15/08/2011George Paspalas Joins Aurizon as Chief Executive Officer; Da...
27/06/2011Aurizon Announces Appointment of George Paspalas as Chief Ex...
Rapports Financiers de Aurizon Mines Ltd
15/05/2013Aurizon Reports First Quarter 2013 Financial Results
14/03/2013Aurizon Reports 2012 Financial Results
08/11/2012Aurizon Reports Third Quarter 2012 Financial Results
09/08/2012Aurizon Reports Second Quarter 2012 Financial Results
10/05/2012Aurizon Reports First Quarter 2012 Financial Results
15/03/2012Aurizon Reports 2011 Financial Results
11/08/2011Aurizon Reports Second Quarter 2011 Results
14/08/2009reports record revenues and cash flow in second quarter 2009
13/05/2009Reports Highlights Of First Quarter 2009 Results
11/03/2009Reports 2008 Financial Results
06/11/2008Third Quarter 2008 Results
06/11/2008Reports Highlights Of Third Quarter 2008 Results
08/08/2008Reports Highlights Of Second Quarter 2008 Results
07/05/2008Reports Highlights Of First Quarter 2008 Results
19/03/2008 Reports 2007 Financial Results
Projets de Aurizon Mines Ltd
03/05/2013(Casa Berardi)Aurizon Reports Status Update on Minor Discharge at Tailings...
02/05/2013(Casa Berardi)Aurizon Reports Minor Discharge at Tailings Facility at Casa...
25/03/2013(Casa Berardi)Aurizon Reports Accident at Casa Berardi Mine
15/02/2013(Casa Berardi)Aurizon Mines Ltd.: New Drill Results Highlight the Potentia...
12/12/2012New Discovery at Aurizon's Heva West Area Returns 1.7 Grams ...
06/09/2012Aurizon Mines Ltd.: New Drill Results Confirm High Grade Pot...
06/09/2012(Fayolle)Aurizon Announces an Updated Mineral Resource Estimate for F...
16/08/2012(Marban Mine)Aurizon Announces the Completion of the Marban Block Phase T...
30/07/2012(Casa Berardi)Aurizon Mines Ltd.: New Drill Results Confirm Continuity and...
20/07/2012(Joanna)Aurizon Files Feasibility Study of the Hosco Deposit
09/07/2012(Joanna)Aurizon Mines Ltd.: New Drill Results Expand the Heva Area a...
12/06/2012Aurizon Mines Ltd.: Marban's Phase Two Drill Program Results...
11/06/2012Aurizon Acquires Common Shares of Typhoon Exploration Inc.
06/06/2012(Joanna)Aurizon Receives Results of Feasibility Study for Joanna's H...
15/05/2012(Casa Berardi)Aurizon Mines Ltd.: New Drill Results Highlight the Potentia...
26/04/2012(Marban Mine)Aurizon Mines Ltd.: New Results at Marban Highlight Potentia...
20/04/2012(Joanna).: Higher Grade Mineralization Discovered on the Heva and Ho...
04/04/2012(Rex South)Aurizon Announces Results from the 2011 Exploration Program ...
01/03/2012(Marban Mine)Aurizon Mines Ltd.: Marban Eastern Down Dip Zone Returns 6.4...
01/03/2012(Casa Berardi)Reports Mineral Reserve Replenishment and Mineral Resource U...
22/09/2011(Marban Mine) Two New High Grade Gold Zones Discovered at Marban
09/09/2011(Casa Berardi)Aurizon Mines Ltd.: Drilling Confirms the Continuity and the...
31/08/2011(Fayolle)Aurizon Reports New High Grade Values at Fayolle
11/08/2011(Joanna)Aurizon Reports Joanna Feasibility Study Delayed, However Dr...
09/08/2011(Fayolle)Aurizon Reports Discovery of New Gold Bearing Trends Outside...
22/06/2011(Marban Mine) Deeper Drilling at Marban Reveals Added Upside With 5
13/06/2011(Joanna)Aurizon Increases the Hosco In-Pit Measured and Indicated Mi...
21/01/2011(Marban Mine)AURIZON ANNOUNCES 9=2E06 GRAMS OF GOLD PER TONNE OVER 7=2E3 ...
01/09/2009Aurizon Intersects 18.9 Grams of Gold per Tonne Over 4.0 Met...
11/03/2009(Joanna) Infill Drilling Increases Mineral Resources at Joanna
20/02/2009(Casa Berardi)Reports Mineral Reserve Renewal And Mineral Resource Update ...
26/01/2009(Joanna): Grade and Thickness Confirmed Along the North Zone at Joan...
11/12/2008(Joanna)Infill Drilling Program Completed At Joanna 116 Grams Of Gol...
13/06/2008(Kipawa)Reports Additional Rare Earth And Uranium Results At Kipawa ...
12/05/2008(Joanna) Commissions Pre-Feasibility Study At Joanna
23/04/2008(Joanna) Reports Further Results From Its Joanna Property Including ...
02/04/2008(Casa Berardi)Provides Mineral Reserves And Resources Update
Communiqués de Presse de Aurizon Mines Ltd
30/05/2013Aurizon Announces Results of Hecla Arrangement Consideration...
28/05/2013Aurizon Announces Receipt of Investment Canada Act Approval
22/05/2013Aurizon Announces Change to Election Deadline to May 29, 201...
21/05/2013Aurizon Announces Extension of Election Deadline
10/05/2013Aurizon Receives Final Court Approval of Plan of Arrangement
09/05/2013Aurizon Securityholders Approve Plan of Arrangement
08/05/2013Aurizon Announces Preliminary Results of Hecla Arrangement C...
06/05/2013Aurizon Reminds Shareholders of Election Deadline
01/05/2013Aurizon Reminds Shareholders of Important Vote Deadline of M...
01/05/2013Reminds Shareholders of Important Vote Deadline of May 7, 20...
24/04/2013Announces That Leading Independent Proxy Advisory Firm Insti...
12/04/2013Aurizon Announces Special Meeting of Securityholders and Mai...
26/03/2013(Casa Berardi)Aurizon Mines Ltd.: Regular Operations Resume at Casa Berard...
20/03/2013Aurizon Comments on Expiry of Alamos Offer
19/03/2013Aurizon Responds to BCSC Decision to Cease Trade New Shareho...
18/03/2013Aurizon Reiterates Rejection of the Financially Inadequate A...
12/03/2013Aurizon Announces Hearing on New Shareholder Rights Plan
11/03/2013Aurizon Takes Steps to Ensure Equal Treatment of All Shareho...
15/02/2013(Casa Berardi)Aurizon Reports Mineral Reserve Replenishment and an Increas...
12/02/2013Aurizon Announces Hearing on Shareholder Rights Plan
08/02/2013Aurizon Mails Shareholder Rights Plan Materials
30/01/2013Aurizon Provides Update on Shareholder Rights Plan
15/01/2013Aurizon Responds to Unsolicited Offer
14/01/2013Alamos Gold Acquires Common Shares of Aurizon Mines
30/10/2012. Announces Third Quarter 2012 Conference Call & Webcast
07/09/2012Aurizon Announces an Updated Mineral Resource Estimate for t...
01/05/2012. Announces First Quarter 2012 Conference Call & Webcast
24/04/2012Aurizon Mines Ltd.: Preliminary Metallurgical Testwork at Ma...
31/03/2012Aurizon Releases Annual Disclosure Documents
09/03/2012. Announces 2011 Financial Results Conference Call & Webcast
11/01/2012Aurizon Announces Record 2011 Gold Production and 2012 Plans
08/12/2011Aurizon Grants Stock Options
08/12/2011Grants Stock Options
02/08/2011. Announces Second Quarter 2011 Conference Call & Webcast
30/11/2010Receives Award From Aemq
26/05/2010Options Azimut's Rex South Property
13/06/2008defines Gold Targets and Commences Exploration Program at Ki...
15/05/2008Andre Falzon Joins Aurizon's Board
15/03/2008deeply regrets
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