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Auroch Minerals (ASX:AOU) - Managing Director, Aidan Platel - The Market Herald
Managing Director, Aidan Platel
Source: The West Australian
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  • Auroch Minerals (AOU) has signed a drilling contract with Seismic Drilling Services to lock in a drill rig for the next 12 months
  • The contract will cover drilling programs across the Nepean, Leinster and Saints Nickel Projects at the Norseman-Wiluna Greenstone Belt in WA
  • Seismic will dedicate a multipurpose drill rig to the programs, allowing both reverse circulation and diamond drilling using the same rig
  • Auroch Managing Director Aidan Platel says locking in this contract in WA is a great achievement due to the current difficultly to source contractors
  • Auroch Minerals is down 4 per cent, trading at 24 cents

Auroch Minerals (AOU) has signed a drilling contract to lock in a drill rig for the next 12 months.

Auroch has contracted Seismic Drilling Services for drilling programs over the next year across its three high-grade nickel sulphide assets.

These assets include the Nepean, Leinster and Saints Nickel Projects, all located in the nickel-endowed Norseman–Wiluna Greenstone Belt in WA.    

Seismic will dedicate a LMP 2000 multipurpose drill rig to Auroch’s nickel sulphide portfolio. This will allow the company to drill both reverse circulation and diamond drill-holes using the same rig across 20,000 metres of drilling.

Currently this drill rig is on site at the Nepean Nickel Project, completing a 3500-metre reverse circulation program.

“It is currently very difficult to source and contract drill rigs in Western Australia, so being able to lock a rig in for the next year is a great achievement,” said Auroch Managing Director Aidan Platel.

“The flexibility that comes with a multi-rig being able to drill both reverse circulation and diamond holes will be invaluable when tackling the wide range of drill-holes we have planned for this year across all three nickel sulphide assets. Importantly, the rig will undertake both resource drilling as well as exploring high-potential targets for possible new high-grade nickel sulphide discoveries.”

Auroch Minerals is down 4 per cent, trading at 24 cents at 10:00 am AEDT.

AOU by the numbers
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