- Auroch Minerals (AOU) has commenced diamond drilling at the Leinster Nickel Project in Western Australia
- The drilling program will begin with four diamond drill holes, designed to test high-priority magnetic targets at the Horn Prospect
- Once the diamond drilling is completed, the company will undertake an 1800-metre reverse circulation (RC) drilling, which is expected to take four to five weeks
- On the market this morning, Auroch is up 8 per cent and is trading at 27 cents per share
Auroch Minerals (AOU) has commenced diamond drilling at the Leinster Nickel Project in Western Australia.
The 1200-metre drilling program will begin with four diamond drill holes, designed to test high-priority magnetic targets at the Horn Prospect.
Once the diamond drilling is completed, the company will undertake an 1800-metre reverse circulation (RC) drilling, expected to take four to five weeks.
The RC drilling will test the strike potential along Horn, as well as more-advanced regional targets across the Leinster tenure.
The drilling programs follow on from a successful diamond drilling program in late 2020, which intersected thick, high-grade nickel-copper sulphide mineralisation at shallow depths.
Managing Director Aidan Platel is pleased to be back on the ground at Leinster.
“Our drilling last year confirmed thick high-grade nickel and copper sulphide mineralisation at very shallow depths at the Horn Prospect, but importantly it also showed how well this mineralisation is “mapped” by the aeromagnetic anomaly there,” he said.
“We have very similar aeromagnetic anomalies along strike to the northwest of the Horn which basically have never been drilled, so we are eager to test these anomalies and see if the relationship between the aeromagnetic highs and the nickel sulphide mineralisation continues along strike,” he added.
On the market this morning, Auroch is up 8 per cent and is trading at 27 cents per share at 11:16 am AEDT.