PriceSensitive

Auroch Minerals (ASX:AOU) fires up drills at WA’s Saints Nickel Project

Materials
ASX:AOU
21 July 2020 10:00 (AEST)

Auroch Minerals (AOU) has commenced its latest drilling program at the Saints Nickel Project in Western Australia.

The 1200-metre program will focus on three new nickel sulphide targets, which were recently identified during down-hole electromagnetic surveying. One of the targets centres on the site’s T2 channel, while the other two targets were detected at the Saint Andrew channel. 

The latter two targets sit underneath known high-grade massive nickel sulphide mineralisation, which has already been included in the site’s mineral resource estimate of 1.05 million tonnes at two per cent nickel.

The site’s upcoming exploration programs have been awarded to Blue Spec Drilling and are expected to finish within the next four weeks.

Auroch’s Managing Director, Aidan Platel said he was excited to commence to next phase of drilling at the project.

“The two strong conductors in the Saint Andrews channel recently identified by Southern Geoscience Consultants from the historic data are also excellent drill targets,” Aiden explained.

“In general, the coverage at depth over the Saint Andrews channel area is poor, and to have two strong conductors modelled at the base of the modelled channel, underneath the existing high-grade hanging-wall mineralisation is a great result,” he said.

Aiden went on to say that, once the diamond hole drilling program is complete, the company will be able to undertake more modern, high-powered electromagnetic surveys to further explore the channel.

This initial program is the first of multiple targets drilling programmes at the site and the company’s nearby Leinster Nickel Project over the next two months.

Despite the news about its latest drill campaign, Auroch shares are grey at market open, trading for 5.3 cents each.

Related News