Auroch Minerals (ASX:AOU) - Managing Director, Aidan Platel
Managing Director, Aidan Platel
Source: The Market Herald
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Auroch Minerals (AOU) has intersected nickeliferous massive sulphide mineralisation in its second hole at the Horn Prospect
  • This second hole is part of a 1500-metre diamond drilling program that is currently underway at the Leinster Nickel Project in Western Australia
  • It successfully intersected 7.2 metres of nickel and copper-bearing massive sulphides from a depth of 143 metres
  • It follows on from the first hole, which intersected five metres of nickel and copper-bearing semi-massive to massive sulphide mineralisation last week
  • Drilling is continuing with a further four holes remaining to be drilled at Horn
  • Auroch is up a healthy 22.2 per cent and shares are currently trading for 22 cents

Auroch Minerals (AOU) has intersected nickeliferous massive sulphide mineralisation in its second hole at the Horn Prospect.

This second hole, HNDD002, is part of a 1500-metre diamond drilling program that is currently underway at the Leinster Nickel Project in Western Australia.

It follows on from hole HNDD001, which intersected five metres of semi-massive to massive sulphide mineralisation last week.

Hole HNDD002 successfully intersected 7.2 metres of nickel and copper-bearing massive sulphides from a depth of 143 metres.

This sulphide intercept is continuous and highlights the nature of the sulphide mineralisation at Horn.

“The drilling at Horn continues to deliver with another impressive nickeliferous massive sulphide intercept in our second hole,” Managing Director Aidan Platel commented.

“Importantly, the intersection has extended the strike of the known nickel sulphide mineralisation, providing a thick intercept where the mineralisation was previously thought to have pinched out,” he said.

“The thickness and continuity of the massive nickel sulphide mineralisation at such a shallow depth continues to excite, and we look forward to what the remainder of the diamond program and the pending assay results will bring,” he added.

Drilling is continuing with a further four holes remaining to be drilled at Horn.

Auroch is up a healthy 22.2 per cent and shares are trading for 22 cents each at 11:15 am AEDT.

AOU by the numbers
More From The Market Online

Great Western shares jump nearly 11% on WA govt funding for priority Cu-Au targets

Great Western Exploration shares jump nearly 11 percent on West Australian government funding to test copper-gold…

Lithium Universe ends the quarter charged up for Quebec Refinery roll-out

Lithium Universe has closed off the March quarter with a new Chief Financial Officer and strategically located land…

Alligator snaps at extended mineralisation of Blackbush uranium deposit in SA

Extension drilling in the first four months of this year at the Samphire Uranium Project in South Australia has enabled Alligator Energy Ltd