- Auroch Minerals (AOU) commences reverse circulation (RC) drilling at its 80-per-cent-owned Nevada lithium project (NLP) in Nevada, US
- The company received permits and approvals for drilling activities and environmental bonds for San Antone East and Western Flats
- The maiden 3000-metre program will test the Siebert formation and will take around five weeks to complete
- Once drilling is complete, the company plans to get the Traction, Lone Mountain and Heller prospects ‘drill-ready’ in the coming months
- Shares in Auroch have ended the day 1.69 per cent to close at 6 cents
Auroch Minerals (AOU) has commenced reverse circulation (RC) drilling at its 80-per-cent-owned Nevada lithium project (NLP) in Nevada, US.
The company received its permits and approvals for drilling activities and environmental bonds for San Antone East and Western Flats.
The maiden 3000-metre drilling program will test the Siebert formation, which comprises
tertiary aged sediments from or near surface and is known to host American Lithium’s nearby TLC deposit.
After drilling has been complete, further work is planned at the Traction, Lone Mountain and Heller prospects to get them ‘drill-ready’ in the coming months.
Technical Director Robin Cox said starting the RC program marks a “very important milestone” for the project and the company.
“Since the acquisition of the NLP in June 2022, the company has accelerated its technical evaluation of the landholding to reach this point of defining several high priority drill targets and the commencement of the maiden drilling programme,” Mr Cox said.
“The company is very excited about what this program may discover as we explore an area which is well known for hosting lithium claystones.”
Holes will be drilled between 150 to 200 metres in-depth and the program is expected to take approximately five weeks.
All samples will be submitted to ALS laboratory services in Reno, Nevada.
Shares in Auroch were up 1.69 per cent, trading at 6 cents at market close.