Auroch Minerals (ASX:AOU) - Managing Director, Aidan Platel - The Market Herald
Managing Director, Aidan Platel
Source: Auroch Minerals
  • Auroch Minerals (AOU) has commenced soil and rock-chip sampling program at its copper Arden Project
  • The program will extend from Auroch's Mt Arden prospect right through to Taruga's Minerals tenement
  • Initial sampling started at its Lady Margo prospect and should take around three weeks to complete
  • Once completed, the company will move to other areas it believes are 'prospective'
  • Auroch Minerals' Managing Director Aidan Platel says previous results show the program has great potential
  • Shares in Auroch Minerals closed 28.6 per cent higher for 13.5 cents

Auroch Minerals (AOU) has commenced a soil and rock-chip sampling program along the prospective copper trends at its Arden Project.

Previously, the company completed a high-resolution aeromagnetic survey, which showed clear structures extending south into the Arden project from Taruga Minerals' tenement to the north and down to the Mt Arden copper mine.

Taruga defined high-grade copper trends across its tenement in soil and surface rock chip samples over a prospective 15-kilometre length.

The Auroch program will sample the area of prospective strike modelled from the aeromagnetic data, stretching from Taruga's tenement down to the historical artisanal Mt Arden prospect. 

The best rock-chip sampling results from the company's previous program at Mt Arden were between five and 20 per cent copper.

The initial sampling program has begun at the Lady Margo prospect, north of Mt Arden and will take around three weeks. 

Once the initial program is complete, Auroch will move to cover other areas including the Kanyaka prospect, where surface rock chip samples produced results up to 12.4 per cent copper in 2018.

Auroch Managing Director Aidan Platel said encouraging prior results show the program has great potential.

"We have reviewed our high-resolution aeromagnetic data and can see those same structures extending south into our tenement and down to the Mt Arden region, where we know from our earlier sampling programmes there is high-grade copper outcropping at surface," Aidan said.

"There is great potential for this sampling programme to define a significant strike length of high-grade copper at surface at Arden, and we have already identified further potential copper-rich areas within our tenure, that will be covered with surface-sampling programmes following this initial programme," he said. 

Shares in Auroch Minerals closed 28.6 per cent higher for 13.5 cents.


AOU by the numbers
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