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Auroch Minerals Ltd.
Summary
| Project: | Bonaventura | |
|---|---|---|
| Deposit: | Grainger | |
| Location: | Australia | |
| Commodities: | Zinc-Lead | |
| Date: | 12/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-12-2018: Auroch Minerals Ltd. announces an Exploration/Drilling Update report for its Grainger deposit at the Bonaventura project. Drilling results incl. 7.0m @ 1.65% Zn, 0.26% Pb from 70.2m. Auroch Minerals Limited (Auroch or the Company) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Sheehan (Internal) | |
| ABSTRACT: | Auroch Minerals Limited (Auroch or the Company) is pleased to announce the Company has successfully completed its maiden drilling programme at its 100%-owned Bonaventura Project in South Australia, intercepting significant base-metal mineralisation at its Dewrang and Grainger Prospects. “To have intersected and confirmed base-metals mineralisation at our two highest-priority targets at Bonaventura is a great result for the Company. Drilling at Dewrang demonstrated an extremely good correlation between mineralised intervals of base-metals and the 1.5km chargeability anomaly defined by our June IP survey, suggesting we are dealing with a large mineralised system. At Grainger the drilling intersected several sets of lead and zinc-bearing veins at shallow depths near historic artisanal workings; the mineralisation is clearly structurally-controlled and remains open at depth. The Company will continue to focus its exploration activities, leveraging all information acquired from the maiden drilling to vector in on possible higher-grade zones.”- Chief Executive Officer, Aidan Platel. Grainger Prospect A single drill-hole (BVDD012) was completed at the Grainger Prospect, targeting the down-dip extensions of an historic artisanal working, one of many in the area. The Company previously sampled material from the old workings which resulted in several high-grade samples up to 28% zinc3 . The drillhole intersected at least two sets of thin, vuggy veins comprising sphalerite (zinc sulphide), galena (lead sulphide), pyrite and calcite (see Figure 4). There was also disseminated sphalerite, pyrite and minor | |
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