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Auroch Minerals (ASX:AOU) to begin 1500 metre drilling in WA

Mining
ASX:AOU
27 October 2020 12:52 (AEST)
Auroch Minerals (ASX:AOU) - Managing Director, Aidan Platel

Source: The Market Herald

Auroch Minerals (AOU) will begin a 1500 metre diamond drilling program at its Leinster Nickel Project in Western Australia.

Work will start at the Valdez Prospect where previous reverse circulation (RC) and downhole electromagnetic (DHEM) surveys identified a strong conductor.

Further, this conductor is coincident with ultramafic-mafic lithological contact as defined via aircore (AC) drilling undertaken in July.

This AC drilled defined the contact as a nickel-bearing high-magnesium oxide unit, all properties needed for significant nickel sulphide mineralisation.

Auroch will test this unit with a single hole drilled to a depth of roughly 400 metres.

This will then be followed-up by additional DHEM surveys to test and model the continuity of the conductor.

Once completed, drilling will be undertaken at the Horn Prospect with aims to confirm the historic high-grade nickel sulphide intercepts which returned up to 2.58 per cent nickel and 0.63 per cent copper.

“We are very excited to be kicking off diamond drilling at our Leinster Nickel Project,” Managing Director Aidan Platel said.

“Both prospects have great potential to host significant nickel sulphide mineralisation and we are eager to see what results this program will deliver,” he added.

Drilling will be undertaken by West Core Drilling and results will be reported on as they are received.

Auroch is up 3.85 per cent on the market and shares are trading for 13.5 cents each at 12:50 pm AEDT.

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