Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce an update on exploration activities at the Nepean Project in Western Australia (Auroch Minerals 80%).


Highlights

  • Second diamond drill-hole NPDD013 at Nepean Deeps intersected a 76m thick ultramafic unit with 12.5m of disseminated and matrix to semi-massive nickel sulphide mineralisation just below the targeted DHEM conductor 1A/1B
  • The mineralised intersection will be logged and sampled immediately and sent to the laboratory for assaying
  • NPDD013 is currently at approximately 675m down-hole and is planned to drill to 800m
  • The ground dipole-dipole induced polarisation (IP) survey over the Nepean North Prospect is progressing well, with five lines completed and preliminary results already identifying strong chargeability anomalies

The second drill-hole into the Nepean Deeps target area, NPDD013, successfully intersected 12.5m of disseminated and matrix to semi-massive nickel sulphides from 576.8m (Photographs 1 and 2; Table 1), within a 76.15m intersection of ultramafics from 534.65 – 610.80m down-hole, which is interpreted to be the underexplored Sill 1 ultramafic directly west of the mine sequence (Figure 1).

The nickeliferous sulphides were intersected just below the down-hole electromagnetic (DHEM) conductor 1A/1B, and are interpreted to be the cause of the DHEM conductor, the uppermost of three DHEM targets identified by the first Nepean Deeps drill-hole NPDD008 (Figure 1).

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