La Bandera - Aurion Resources Ltd.

LA BANDERA: AURION’S FLAGSHIP PROPERTY
Mexico City
La Bandera
• 3 hour drive north of Durango City, in the Sierra Madre
Occidental, one of the world’s most prolific volcanic arcs for
epithermal gold deposits and mines.
• Geological setting, structural disposition, widespread
boiling textures, low-T alteration, and fluid inclusions indicate
that the upper levels of the system are preserved.
La Bandera is currently under
option to AuRico Gold Inc. AuRico to
spend $5 million over 3 years with a
firm commitment to spend $1
million on La Bandera in 2011.
5000 metre drill now underway.
• Limited exploration conducted by previous workers. Since
acquisition in late 2009, Aurion systematically advanced the
property with mapping, prospecting, soil geochemistry, SWIR
alteration studies and hand trenching - this work has
generated significant new targets.
• Ranked as 6th best mining jurisdiction in the world in 2010
by Fraser Institute, Mexico is the world’s largest producer of
silver and its gold production has increased by 139% since
2005 (INEGI).
• La Bandera occupies the central 30 km of
an >50 km long NW trending mineralized
structural zone.
• Historic production 6 km north of La
Bandera at Promontorio includes 250,000 t
@ 20 g/t Au and 3500 g/t Ag.
Promontorio
Veins
La Bandera
• 10 km SE at Coneto, over 40 high-grade
Ag-Au veins are currently being explored by
Orex Minerals Inc. and its JV partner
Fresnillo PLC.
• The 12,985 ha La Bandera property
envelopes a >20 km long, 40 to 150 m wide
epithermal gold-rich vein system associated
with rhyolite flow dome complexes.
• La Bandera was originally discovered by
La Cuesta, co-discoverers of Camino Rojo in
Zacatecas, Mexico (3.4 M oz Au, 60.7 M oz
Ag; Goldcorp website).
Vision
Aurion-AuRico JV
Gold-Bearing Veins
Coneto
Orex-Fresnillo JV
Aurion Resources Ltd
La Bandera Project
Durango, Mexico
project location on topography
Strategy
W240
San Carlos Sur
Performance
LA BANDERA, DURANGO, MEXICO
Au in Rock Samples (ppb)
• Previous workers focused on the southern part of the La
Bandera Trend, culminating with 7 drill holes. Best intercepts
came from DDH BNW-5: 0.6 g/t Au over 15.5 m including 2.2 g/t
over 0.7 m. No follow-up drill work had been done until now.
10,000 to 73,700
3,000 to 10,000
1,000 to 3,000
500 to 1,000
100 to 500
50 to 100
0 to 50
Geology Legend
Basin Fill Alluvium
Pyroclastics, Basin Fill Alluvium
(Undifferentiated)
Sinter Pool Felsic Flow-Dome
Bandera Dome Margins and Surface
Bandera Dome Feeder
Feldspar-Quartz-Biotite Porphyritic
Intrusive
Massive Lithic/Crystal Tuff Breccia
Bedded Pyroclastic and Epiclastic
Volcanics
• Aurion’s work on the northern half of the property outlined an
open-ended 2300 m long by 300 m wide gold-in-soil-and-rock
anomaly. Soil values range up to 2 g/t Au. Rock samples assayed
up to 74 and 48 g/t Au. Visible Gold was identified at three
localities.
Lower Series Andesite
• Anomalous gold values are coincident with robust alteration dominated by low-T clays (illite, smectite) and widely spaced
quartz veinlets with epithermal boiling textures.
Geological Contact
Geological Fault
• Vein textures, alteration and geochemistry are all consistent
with upper levels of an epithermal system indicating that the
system is preserved and essentially uneroded.
• La Bandera is under option to AuRico Gold Inc. AuRico to spend
$5 million over 3 years, including a $1 million firm commitment
for 2011. A >5000 m drill program is now underway.
3Silica-laminated mud-algae
5.00
0
growths; forms in mud pools at
surface of epithermal systems.
kilometers
5Geological sketch map of La Bandera Property, showing gold-in-rock values.
Visible gold in quartz vein sample from4
northern extent of La Bandera.
La Bandera
3Crustiform, banded, chalcedonic
silica from La Bandera.
5Schematic cross-section of an idealized epithermal gold system showing location of
La Bandera relative to the mineralizing system.
This brochure includes 'Forward-Looking Statements' related to Aurion’s continued effort to advance its mineral exploration programs. When used in this brochure, the words "potential," "anticipate," "forecast," "believe,"
"estimate," "expect," "may," "project," "plan," and similar expressions are intended to be among the statements that identify 'Forward-Looking Statements.' Although Aurion Resources believes that its expectations reflected
in these 'Forward-Looking Statements' are reasonable, such statements may involve unknown risks, uncertainties and other factors disclosed in our regulatory filings, viewed on the SEDAR website at www.sedar.com.
These uncertainties may cause our actual future results to be materially different than those expressed in our forward looking statements. Aurion does not make any representation as to the accuracy, validity or
completeness of any facts or information contained herein. Nothing herein constitutes either an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction.
Vision
Strategy
W240
Performance