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Auroch Minerals Ltd.
Summary
| Project: | Saints | |
|---|---|---|
| Deposit: | Saints | |
| Location: | Australia | |
| Commodities: | Cobalt-Copper-Nickel | |
| Date: | 10/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-10-2019: Auroch Minerals Ltd. announces an Exploration/Drilling Update report for its Saints deposit at the Saints project. Drilling results incl. 1.77m @ 6.72% Ni, 0.27% Cu, 0.13% Co from 227.31m. Auroch Minerals Limited (ASX:AOU) (Auroch or Company) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Aidan Platel (Internal) | |
| ABSTRACT: | Auroch Minerals Limited (ASX:AOU) (Auroch or Company) is very pleased to announce the first assay results from its maiden drilling programme at its recently-acquired Saints Nickel Project (Saints), located approximately 65km northwest of Kalgoorlie and 7km east of the Goldfields Highway. Results from semi-massive to massive sulphide mineralisation in diamond drill-hole SNDD005 returned extremely high-grade nickel, with 1.77m @ 6.72% Ni, 0.27% Cu and 0.13% Co from 227.31m down-hole, including 0.50m @ 9.98% Ni, 0.24% Cu and 0.20% Co (see Photos 1 to 3). The drill-hole was infill drilling at the Saint Patricks target area aimed at confirming the continuity of the high-grade nickel sulphide mineralisation intersected in historic drill-holes drilled by WMC in the 1990’s(Figure 1). The intersection not only confirmed the existing mineralisation model, but the nickel grade exceeded all previous intersections. The Company is also pleased to announce that down-hole electromagnetic (DHEM) surveys completed last week have identified a very strong EM conductor in close proximity to drill-holes SNDD001 and SNDD002 (Figure 2). The very high conductance (over 13,000S) is typical of that caused by significant massive sulphide mineralisation, and the proximity of the modelled EM plate to the known high-grade nickel mineralisation on the Western Contact increases the probability that such massive sulphides may be nickel-bearing. | |
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