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Auroch Minerals Ltd.
Summary
| Project: | Arden | |
|---|---|---|
| Deposit: | Ragless Range | |
| Location: | Australia | |
| Commodities: | Zinc-Lead | |
| Date: | 12/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-12-2018: Auroch Minerals Ltd. announces an Exploration/Drilling Update report for its Ragless Range deposit at the Arden project. Drilling results incl. 12.80m @ 4.96% Zn from 53.00m. Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Sheehan (Internal) | |
| ABSTRACT: | Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce that infill sampling of the remaining intervals of core from the Ragless Range drill-holes has identified more zinc mineralisation and increased the width of some of the previously-reported significant intercepts, particularly for drill-hole RRDD007 which intersected high-grade zinc mineralisation including 3.65m @ 15.47% Zn from 62.15m. “Drill-hole RRDD007 now has well over 50m (down-hole) of significant zinc mineralisation, including a substantial interval of high-grade zinc mineralisation. In addition to SEDEX and structurally-controlled zinc sulphide mineralisation, the presence of the same high-grade zinc silicate minerals within the same limestone formations as those observed at Perilya Limited’s high-grade zinc silicate Flinders Project is extremely encouraging. The information being gathered from our maiden drilling programme at the Arden Project continues to build on our current exploration model and is critical to our 2019 exploration programme”- Chief Executive Officer, Aidan Platel. Ragless Range - Infill Sampling Programme As previously reported1 , all eight drill-holes at the Ragless Range Prospect successfully intersected at least one SEDEX zinc horizon, over a strike length of more than 3km. Initial assay results from drilling ended in mineralisation in several holes (most notably RRDD007) and warranted further infill sampling. An additional 407 samples from five holes were submitted to ALS Laboratories in Adelaide for multielement determination, with 24 samples returning >0.5% Zn (83 samples anomalous at >0.1% Zn). Table 1 highlights the changes to the significant zinc intercepts in drill-hole RRDD007, with an updated full table of significant zinc intercepts in Appendix B. The zinc mineralisation intersected in RRDD007 differed to that in the other drill-holes in several ways. Firstly, the mineralisation extended over significant down-hole widths, including several very high-grade intervals. Secondly, there appeared to be a structural-control on the high-grade zinc mineralisation, different to the stratabound SEDEX zinc mineralisation observed in the other drill-holes. Also, high-grade zinc silicate minerals were observed in some intervals, similar to those observed in the Flinders Project deposits (Perilya Limited) including the Beltana Zinc Mine (972kt @ 29.8%Zn) located approximately 150km to the north of the Arden Project. Ongoing | |
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