The Patris property has a very strong potential for gold discoveries similar to deposits known at other major mining camps in the Abitibi belt, as it covers the LaPause Fault over 4 kilometres. This regional structure limits the northern edge of the Cadillac Tectonic Zone, connecting the area to the Malartic camp. Historical gold showings are already known within the property area.
Aurizon may earn up to a 60% interest in the Patris property comprising 50 mineral claims covering a surface area of 22 square kilometres, 30 kilometres northeast of Rouyn-Noranda, and 7 kilometres from the Company's Joanna property.
A $0.6 million exploration program, comprising drilliing a minimum of 4,000 metres, is planned in 2011 for this recently optioned property.
A second phase of field work was initiated in September, 2011. The southern part of the claim block was previously tested with a program of 2,100 metres in twelve holes during the second quarter. The exploration focus is now two kilometres north-west of the previous drilling, along the same geological structure and in the same area as an historical showing. Geological interpretation, prospecting and 1,000 metres of diamond drilling are expected to be completed in the fourth quarter 2011, at an estimated cost of $0.3 million.
Expenditures during the third quarter, 2011, total $33 thousand and year to date total $0.3 million. The total program corresponds to the first commitment of $0.6 million under a joint venture agreement signed with Midland Exploration on a 63 mineral claim block covering 2,672 hectares located approximately 10 kilometres north of the Joanna project. Aurizon can earn up to 60% in this property.