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Auteco Minerals Ltd.
Summary
| Project: | Limestone Well | |
|---|---|---|
| Deposit: | Limestone Well | |
| Location: | Australia | |
| Commodities: | Vanadium-Titanium | |
| Date: | 10/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-10-2019: Auteco Minerals Ltd. announces an Exploration/Drilling Update report for its Limestone Well deposit at the Limestone Well project. JV with Mithril Resources - drill results incl. 116m @ 0.36% V2O5, 11.00% TiO2 from 104m. Auteco Minerals Ltd (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Leah Moore (Internal) | |
| ABSTRACT: | Auteco Minerals Ltd (“Auteco” or “the Company”) (ASX: AUT) is pleased to announce the results of the maiden drill program conducted at the Limestone Well Project in Western Australia. First pass drilling has defined a major vanadium-titanium target along strike from a significant vanadium deposit. Auteco’s Executive Director, Sam Brooks, Commented: “The Company is delighted to announce it has identified a significant new, shallow, high-grade, vanadium-titanium discovery that is ideally located only a few kilometres to the North West of Neometals Ltd’s Barrambie vanadium-titanium deposit. Auteco’s maiden drilling program has intercepted multiple zones of shallow mineralisation of significant widths and grade and remains open and untested by drilling in all directions. Due to the reconnaissance nature of the drilling many of the holes terminated in high-grade mineralisation indicating mineralised widths are greater than currently known. We have also over the past few months been evaluating a number of other potential projects across a range of commodities as we look to grow a portfolio of high-quality assets in Tier 1 jurisdictions.” | |
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