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- Auroch Minerals (AOU) has intersected additional high-grade massive nickel sulphides at the Horn Prospect in WA
- Grades peaked at 2.41 per cent nickel, 0.53 per cent copper, and 0.64g/t palladium and have confirmed the extent of the mineralisation
- Downhole electromagnetic (DHEM) surveys have also been completed and the data is currently being processed and modelled
- Once received, the results will be used to plan the next stage of exploration at Horn and surrounding prospects
- Auroch has also completed permitting for a maiden drill program at the high-grade Nepean Nickel Project
- A 3000-metre reverse circulation (RC) drilling program has been planned and work is scheduled to begin in early January
- Auroch has ended the day in the grey with shares trading at 14.5 cents
Auroch Minerals (AOU) has intersected additional high-grade massive nickel sulphides at the Horn Prospect.
Horn lies within the Leinster Nickel Project which is situated 60 kilometres north-northwest of Leonora in Western Australia.
Auroch has received assays for holes HNDD002 and HNDD003, and results have confirmed thick shallow high-grade nickel-copper-platinum group element (PGE) sulphide mineralisation.
Best results include 7.3 metres at 2.2 per cent nickel, 0.53 per cent copper and 0.64g/t palladium from 143 metres, and 1.5 metres at 1.48 per cent nickel, 0.39 per cent copper and 0.29g/t palladium from 134.9 metres, including 0.8 metres at 2.41 per cent nickel, 0.47 per cent copper and 0.46g/t palladium from 134.9 metres.
Downhole electromagnetic (DHEM) surveys have also been completed and the data is currently being processed and modelled.
Once received, the results will be used to plan the next stage of exploration at Horn and surrounding prospects.
“The excellent results from the second and third holes at Horn have once again highlighted the shallow high-grade nature of the the nickel-copper-PGE massive sulphide mineralisation at Horn,” Managing Director Aidan Platel said.
“The continuity and homogeneity of the high-grade mineralisation over 500 metres of strike and at such shallow depths is impressive, and we look forward to the information our geological logging and DHEM surveys will provide in order to plan the next drilling phase at Horn,” he added.
Auroch has also completed permitting for a maiden drill program at the high-grade Nepean Nickel Project in WA.
A 3000-metre reverse circulation (RC) drilling program has been planned and work is scheduled to begin in early January.
Auroch has ended the day in the grey with shares trading at 14.5 cents in a $35.68 million market cap.
