




Shares Listed: Toronto Stock Exchange - Ticker Symbol - ARZ
NYSE Amex: - Ticker Symbol - AZK
U.S. Registration: (File 001-31893)
The previous exploration completed in this area was mainly restricted to the area along the Cadillac fault where the eastern extension of the Hosco deposit was projected. Aurizon previously reported results from diamond drilling (see Aurizon news release dated
Of the 22 variable spaced grab samples taken in this area to date, 9 returned grades above 0.1 gram of gold per tonne. The anomaly identified covers an area of over approximately 750 metres on strike and 200 metres in a north-south direction.
The geological context is similar to the Hosco deposit and might represent a possible eastern extension of known mineralization located 200 metres farther south than expected.
"These preliminary results could explain why the previous drilling campaign did not succeed in extending the Hosco deposit further east along the Cadillac fault." said
Outlook
During the next few weeks, exploration on the Joanna project will focus on the systematic surface investigation of the property including hammer prospecting, and soil and geophysical surveys. This work will define targets for a follow up drill program, which should commence early in the fourth quarter, 2009.
A prefeasibility study is currently in progress on the Hosco deposit, incorporating a measured and indicated resources estimate of 29,600,000 tonnes at an average grade of 1.4 grams of gold per tonne, or approximately 1.27 million ounces, together with the results of the ongoing metallurgical tests. The pre-feasibility study will be completed in accordance with the Company's global development principles supporting technical, economical, environmental and social considerations. It is anticipated that the study will be completed in the fourth quarter, 2009.
Quality Control
Grab samples assays are performed typically on 1 to 2 kilogram rock samples by standard fire assay procedures and atomic absorption finition. Sample duplicates and assay checking on pulp and coarse rejects are carried out on approximately 10% of samples returning grades above the threshold of 0.1 gram of gold per tonne. Additional information on Quality Assurance and Quality control ("QA/QC"), can be found in the "Technical Report - Resource modeling and Estimation update Joanna gold deposit" prepared by SGS Geostat Ltd. dated
Sampling program planning, implementation and the quality control program is supervised by
Additional Information
One sketch is attached showing the Joanna Project area. All other information previously released, together with all technical reports on the Joanna Project are available on the Aurizon website.
About Aurizon
Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western
Forward Looking Statements and Information
This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities regulations in
The forward-looking information contained in this news release is based on certain assumptions that the Company believes are reasonable, including, with respect to mineral resource estimates, the key assumptions and parameters on which such estimates are based, as set out in the technical report for the property, that the current price of and demand for gold will be sustained or will improve, the supply of gold will remain stable, that the general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed on reasonable terms and that the Company will not experience any material accident, labor dispute, or failure of plant or equipment.
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, conclusions of economic evaluations, the risk that actual results of exploration activities will be different than anticipated, that cost of labour, equipment or materials will increase more than expected, that the future price of gold will decline, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources are not as estimated, 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 unexpected variations in mineral resources, grade or recover rates, of failure of plant, equipment or processes to operate as anticipated, of accidents, labour disputes and other risks generally associated with mining, unanticipated delays in obtaining governmental approvals or financing or in the completion of development or construction 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
CAUTIONARY NOTE TO US READERS
As a
Cautionary Note to U.S. Investors Regarding Mineral Resources
The SEC allows mining companies, in their filings with the SEC, to disclose only those mineral deposits they can economically and legally extract or produce. The Company may use certain terms in this document, such as "mineral resources", "indicated mineral resources" and "inferred mineral resources" that are recognized and mandated by Canadian securities regulators but are not recognized by the SEC.
This News Release y uses the term" measured" and "indicated" mineral resources. U.S. readers are cautioned that while that term is recognized and required by Canadian regulations, the SEC does not recognize it. U.S. investors are cautioned not to assume that any part or all of mineral deposits in this category will ever be converted into mineral reserves.
SOURCE Aurizon Mines Ltd.



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