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AuRico Metals Intersects 771.7m Grading 0.465 g/t Au and 0.365% Cu and Announces Results From 2015 Drill Program at Kemess

Geschrieben am 04-11-2015

Toronto (ots/PRNewswire) -

AuRico Metals Inc. , ("AuRico" or the "Company") is pleased to
announce the assay results from the Company's 2015 Exploration
Program at the Kemess Property. Drilling this season focused
primarily on Kemess East (twelve drill holes, 17,419 metres) located
approximately 1 kilometer (km) east of the Kemess Underground ("KUG")
deposit and 6.5 km north of the Kemess Mill Facility. Three holes
(4,365 metres) were drilled in what we are calling the Kemess Offset
Zone ("KOZ") located between Kemess Underground and Kemess East
("KE") and another nine holes (5,932 metres) were drilled elsewhere
on the property.

Kemess East ("KE") 

The results from the first two drill holes at KE this year were
released in an AuRico Metals press release dated August 18, 2015.
Highlights from the remainder of this years' KE drilling include:


- KH-15-23 intersected 458 metres of 0.640 g/t Au and 0.437% Cu
o    Including 360.6 metres of 0.749 g/t Au and 0.478% Cu
o    Including 167 metres of 1.022 g/t Au and 0.574% Cu
- KH-15-27 intersected 590 metres of 0.516 g/t Au and 0.366% Cu
o    Including 475.8 metres of 0.615 g/t Au and 0.431% Cu
o    Including 325 metres of 0.743 g/t Au and 0.492% Cu
- KH-15-30 intersected 771.7 metres of 0.465 g/t Au and 0.365% Cu
o    Including 615.2 metres of 0.569 g/t Au and 0.429% Cu
o    Including 224.4 metres of 0.773 g/t Au and 0.508% Cu


(The estimated true thickness of the mineralized intervals is 80%
of the reported intercept length.)

(Refer to Tables 1-3 for Drill Results, Tables 4-5 for Drill
Collar Locations, and Figures 1-6 respectively for Kemess Property
Location Map, Kemess East Plan Map, Kemess Offset Zone Plan Map and
Cross-Sections of Kemess East and Kemess Offset Zone.) 

The inaugural Kemess East resource estimate containing 55.8
million Indicated resource tonnes at 0.52 g/t gold and 0.41 % copper
and a further 117.1 million Inferred tonnes at 0.38 g/t gold and
0.34% copper was released in an AuRico Gold (now Alamos Gold, an
AuRico Metals' predecessor company) press release dated January 21,
2015 and in a Technical Report issued to AuRico Gold on December 31,
2014 and reissued to AuRico Metals on July 2, 2015.

This summer's KE drilling has both increased the confidence in the
inaugural KE resource and raised expectations for a potential
increase in resources.  Drilling has also identified a higher grade
core of mineralization estimated to be approximately 300m long. The
KE Deposit remains open to the east towards the Kemess East Offset
Fault, to the south towards the post mineral sovereign intrusion and
to the north where Kemess East Offset Fault crosses the KE deposit.

"We're very pleased with results that came from our investment in
drilling at Kemess over the summer," commented Chris Richter,
President and CEO of AuRico Metals. "We look forward to seeing what
these results mean for an updated Kemess East resource which we plan
to release in the first quarter of 2016."

Kemess Offset Zone ("KOZ") 

The KOZ is directly east of the KUG deposit and is separated by a
steeply dipping north-south fault causing the KOZ to be shifted down
elevation. The KOZ shows similar geological characteristics as KUG.
Results from the Kemess Offset drilling include:


- KH-15-06 intersected 297.7 metres of 0.347 g/t Au and 0.241% Cu
- KH-15-12 intersected 467.25 metres of 0.222 g/t Au and 0.187% Cu


(The estimated true thickness of the mineralized intervals is 80%
of the reported intercept length.)

The KOZ is open to the east, to the south (toward the post mineral
sovereign intrusion) and to the north (toward the Kemess North
Boundary Fault and Kemess North Thrust Fault as seen with the KUG
deposit). Drilling in the KOZ was designed to follow up on
encouraging results from drill results from 2005 and 2013.

The nine holes drilled elsewhere on the property did not intersect
any significant values.  Geotechnical drill holes were also completed
as part of the Kemess Underground Feasibility Study Update, to test
the rock and overburden conditions around the triple decline
location, the south tunnel location and the conveyor alignment
corridor.

Kemess Property Overview 

The Kemess Property (See Figure 1) is located in
north-central British Columbia, Canada, approximately 430 kilometres
northwest of Prince George. The Kemess Underground Project is located
approximately 5.5 kilometres north of the past producing Kemess South
open pit mine that operated from 1998 to 2011 and produced 3 million
ounces of gold and 749 million pounds of copper.

A Feasibility Study on the Kemess Underground Project was released
on March 25, 2013 and proposes an underground panel caving operation
with average annual production of 105,000 ounces of gold and 44
million pounds of copper over a 12 year mine life.

AuRico Metals is currently advancing a Feasibility Study Update
which is expected to be released in Q1, 2016. Permitting is
progressing as well and the Company intends on submitting its
Environmental Assessment to Provincial and Federal regulatory bodies
before the end of Q1, 2016.

Quality Control - Analyses and Sample Location 

Exploration activities at Kemess are being conducted by AuRico
personnel under the supervision of Wade Barnes Project Geologist and
a Qualified Person as defined by National Instrument 43-101. Wade
Barnes is PGeo registered with the Association of Professional
Engineers and Geoscientists of British Columbia ("APEGBC") and has
verified the data, reviewed and approved this news release. 

Samples were prepared at an on-site sample preparation lab. The
prepared 250 g samples, crushed to 80% passing 10-mesh and
pulverized to 85% passing 150-mesh, were shipped in security sealed
pails to ALS Chemex Laboratory in North Vancouver for analysis. The
2015 samples were analyzed for a suite of 33 elements, including
iron, molybdenum, and silver, using 4-acid digestion and ICP atomic
emission spectroscopy on a one gram sub-sample. Significantly
mineralized samples were additionally analyzed by an extra ore grade
analysis for copper and molybdenum by ICP atomic emission
spectroscopy, following a 4-acid digestion. Gold analyses were
completed by standard 30g fire assay with an AA finish. The 2005
samples were analyzed for a suite of 35 elements, including iron,
molybdenum, and silver, using 2-acid digestion and ICP atomic
emission spectroscopy on a one gram sub-sample prior and the 2013
samples were analyzed for a suite of 33 elements using a 4-acid
digestion and ICP atomic emission spectroscopy. 2005 and 2013 copper
analyses were completed by AA spectrometry, following a 3-acid
digestion and gold analyses were completed by standard 30g fire assay
with an AA finish.  Copper analyses were completed by AA
spectrometry, following a 3-acid digestion. Gold analyses were
completed by standard 1-assay-ton fire assay with an AA finish. The
2015 quality control (QC) samples (blanks, duplicates, and certified
reference materials) were inserted into the sample stream at regular
intervals such that 2 in 25 (8%) samples were submitted for quality
control purposes. The 2005 and 2013 quality control (QC) samples
(blanks, duplicates, and certified reference materials) were inserted
into the sample stream at regular intervals such that 1 in 25 (4%)
samples were submitted for quality control purposes. QC sample
performance was monitored on a regular basis, independently of the
laboratories, and failures addressed in a timely manner. All sample
batches were also subjected to each laboratory's internal quality
control procedures, for an additional 40% QC sample volume. 

About AuRico Metals 

AuRico Metals is a mining royalty and development company whose
royalty assets include a 1.5% NSR on the Young-Davidson Gold Mine, a
0.25% NSR on the Williams mine at Hemlo, and a 0.5% NSR on the Eagle
River mine - all located in Ontario, Canada. AuRico Metals also has a
2% NSR on the Fosterville Mine, located in Victoria, Australia, and
100% ownership of the advanced Kemess Project in British Columbia,
Canada. AuRico Metals' head office is located in Toronto, Ontario,
Canada.

Cautionary Statement 

This press release contains forward-looking statements and
forward-looking information as defined under Canadian and U.S.
securities laws.  All statements, other than statements of historical
fact, are forward-looking statements. The words "expect", "believe",
"anticipate", "will", "intend", "estimate", "forecast", "budget" and
similar expressions identify forward-looking statements.
Forward-looking statements include those relating to expectations for
a potential increase in resources, estimates of grade core
mineralization, timing and content of any updated Kemess East
resource, timing and extent of any proposed operations, timing of any
environmental assessment, as well as other information as to
strategy, plans or future financial or operating performance, such as
the Company's expansion plans, project timelines, production plans,
projected cash flows or capital expenditures, cost estimates,
projected exploration results, reserve and resource estimates and
other statements that express management's expectations or estimates
of future performance. Forward-looking statements are necessarily
based upon a number of factors and assumptions that, while considered
reasonable by management, are inherently subject to significant
uncertainties and contingencies. Known and unknown factors could
cause actual results to differ materially from those projected in the
forward-looking statements, including: uncertainty of production and
cost estimates; fluctuations in the price of gold and foreign
exchange rates; the uncertainty of replacing depleted reserves and
the possible recalculation or reduction of reserves and resources;
the risk that the Young-Davidson shaft will not perform as planned;
the risk that mining operations do not meet expectations; the risk
that projects will not be developed according to budgets or
timelines, changes in laws in Canada, Australia and other
jurisdictions in which the Company may carry on business; risks of
obtaining necessary licenses, permits or approvals for operations or
projects such as Kemess; disputes over title to properties; the
speculative nature of mineral exploration and development; compliance
risks with respect to current and future environmental regulations;
disruptions affecting operations; opportunities that may be pursued
by the Company; employee relations; availability and costs of mining
inputs and labor; the ability to secure capital to execute business
plans; volatility of the Company's share price; the effect of future
financings; litigation; risk of loss due to sabotage and civil
disturbances; the values of assets and liabilities based on projected
future cash flows; risks arising from derivative instruments or the
absence of hedging; adequacy of internal control over financial
reporting; changes in credit rating; risks related to the operation
of the properties in which AuRico Metals holds a royalty; and the
impact of inflation. Actual results and developments are likely to
differ, and may differ materially, from those expressed or implied
by the forward-looking statements contained herein. Such statements
are based on a number of assumptions which may prove to be incorrect,
including assumptions about: business and economic conditions;
commodity prices and the price of key inputs such as labour, fuel and
electricity; credit market conditions and conditions in financial
markets generally; the ongoing operation of the properties in which
AuRico Metals holds a royalty by the operators of such underlying
properties; revenue and cash flow estimates, production levels,
development schedules and the associated costs; ability to procure
equipment and supplies and ability to do so on a timely basis; the
timing of the receipt of permits and other approvals for projects and
operations; the ability to attract and retain skilled employees and
contractors for the operations; the accuracy of reserve and resource
estimates; the impact of changes in currency exchange rates on costs
and results; interest rates; taxation; and ongoing relations with
employees and business partners. However, there can be no assurance
that forward looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements and investors are cautioned that
forward looking statements are not guarantees of future performance.
AuRico Metals cannot assure investors that actual results will be
consistent with these forward looking statements. Accordingly,
investors should not place undue reliance on forward looking
statements due to the inherent uncertainty therein. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by applicable law.

Table 1: Drill Intercepts that Intersected the Kemess East
Mineralized Deposit
[http://files.newswire.ca/1447/Table1KemessEast.pdf ] 

Table 2: Drill Intercepts that Intersected the Kemess Offset
Mineralized Zone
[http://files.newswire.ca/1447/Table2KemessOffset.pdf ] 

Table 3: Historic Drill Intercepts that Intersected the Kemess
Offset Mineralized Zone
[http://files.newswire.ca/1447/Table3HistoricDrill.pdf ] 

Table 4: 2015 Drill Collar Locations
[http://files.newswire.ca/975/Table4Kemess.pdf ] 

Table 5: Historical Drill Collar Locations
[http://files.newswire.ca/975/Table5Kemess.pdf ] 

Figure 1 - Kemess Property Location Map
[http://files.newswire.ca/975/Figure1Kemess.pdf ] 

Figure 2 - Kemess East Plan Map
[http://files.newswire.ca/975/Figure2Kemess.pdf ] 

Figure 3 - Kemess Offset Zone Plan Map
[http://files.newswire.ca/975/Figure3Kemess.pdf ] 

Figures 4 & 5 - Kemess East Cross Sections
[http://files.newswire.ca/975/Figures45Kemess.pdf ] 

Figure 6 - KOZ Cross Sections
[http://files.newswire.ca/975/Figure6KOZ.pdf ]

Chris Rockingham, Vice President, Development, AuRico Metals Inc.,
416-216-2780, chris.rockingham@auricometals.ca; Chris Richter,
President and Chief Executive Officer, AuRico Metals Inc.,
416-216-2780, chris.richter@auricometals.ca

ots Originaltext: AuRico Metals Inc.
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