PriceSensitive

Auroch Minerals (ASX:AOU) intersects further massive sulphides at Horn

Mining
ASX:AOU
18 November 2020 11:15 (AEST)
Auroch Minerals (ASX:AOU) - Managing Director, Aidan Platel

Source: The Market Herald

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.

Related News