Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce it has commenced a major diamond drill programme at its 100%-owned Saints Nickel Project (Saints) in Western Australia.


Highlights

  • Major diamond drill programme has commenced at the Saints Nickel Project to update and potentially increase the current high-grade Mineral Resources of 1.02Mt @ 2.0% Ni for 21,400kt of containednickel1
  • 3,000m of infill drilling to be completed across the Saint Patricks and Saint Andrews prospects, with an additional 2,000m planned to test for down-plunge extensions to the known high- grade nickel sulphide mineralisation
  • Bulk composite samples will be taken from some of the drill core to be used for metallurgical testwork
  • The drill programme will take approximately 6 weeks to complete and the results will be used in the Saints Scoping Study due for completion at the end of March

The programme comprises approximately 3,000m of infill drilling across the Saint Patricks and Saint Andrews prospects (Figure 1), with the aim to update the current JORC(2012)-compliant Saints Mineral Resource Estimate (MRE) of1.02Mt @2.0%Ni for 21,400k tof contained nickel1 and increase the confidence level from the Inferred Resource category to predominantly Indicated Resources. Also included in this programme are two drill-holes specifically designed to collect large bulk composite samples for metallurgical test work.

A further 2,000m of drilling has been planned to test for possible strike and down-plunge extensions to the known high-grade nickel sulphide mineralisation at Saints, particularly below the Saint Andrews Prospect to test for extensions of the mineralised lava channel, where previous drill hole geochemistry indicates hotter ultramafic rocks (i.e. >42% MgO) at depth. A review of historic down-hole electromagnetic (DHEM) data in this zone is also being completed.

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