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Auroch Minerals Ltd.

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Summary

Project:

Tisova

Deposit:Tisova
Location:Czech Republic
Commodities:Gold-Copper-Cobalt
Date:1/8/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:8-1-2018: Auroch Minerals Ltd. announces an Exploration/Drilling Update report for its Tisova deposit at the Tisova project. Drilling results incl. 1m @ 0.1% Co, 1.13g/t Au, 0.5% Cu from 155.1m. Auroch Minerals Limited (Auroch or the Company) advises that
Resources:x
CP/QP:[Overall Report]: Peter Sheehan (Internal)
ABSTRACT:Auroch Minerals Limited (Auroch or the Company) advises that assay results from the final two (2) holes at Tisová (TIDD001 & TIDD004) have been received. While gold results were encouraging (up to 2.73/t Au) the cobalt and copper results are both: lower grade, and across narrower intervals than expected from the visual logging of the core. Results for target metals from all samples are presented in Table 2. CHAIRMAN Mr Glenn Whiddon said. “While the results are not as hoped for, analysis of the drill core versus the previous grab samples suggest a different origin for the two sets of samples within the large Tisová deposit. We believe this to be a logical explanation for the drilling results based upon the historical mining, dating back to 1600’s. This implies that there remains a cobalt rich portion of the orebody that was not tested by our initial four drill holes and further investigation is warranted." As previously reported, the mineralisation in the drilling appears substantially different from grab samples collected from the Tisová mulloch dumps. This points to a strong metal zonation within the Tisová orebody. We will review the 3D model of the sulphides and look to investigate geophysical methods to identify further sulphide bodies as the source of Cobalt mineralisation sampled on the dumps.

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